# PPP loan: TOWNSEND MANAGEMENT CO. LLC
> **$1.97M** approved 01/25/2021 · Paid in Full · Loan `5788008303`
## Borrower
- **Name:** TOWNSEND MANAGEMENT CO. LLC
- **Address:** 21 E Long Lake Rd Ste 110, Bloomfield Hills, MI, 48304-2354
- **NAICS:** 561110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.97M
- **Initial approval:** $1.97M
- **Forgiven:** $1.98M (101%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.97M
- **Jobs reported:** 197
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*