# PPP loan: T-FORMATION INC. OF TALLAHASSEE
> **$433K** approved 04/05/2020 · Paid in Full · Loan `5570267007`
## Borrower
- **Name:** T-FORMATION INC. OF TALLAHASSEE
- **Address:** 864 COMMERCE BLVD, MIDWAY, FL, 32343-6618
- **NAICS:** 315990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $433K
- **Initial approval:** $433K
- **Forgiven:** $436K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $347K
- **Rent:** $65K
- **Utilities:** $22K
- **Jobs reported:** 48
## Lender
- **Originating:** Thomasville National Bank
- **Servicing:** Thomasville National Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*