# PPP loan: TANDEM SPECIALIZED INC
> **$516K** approved 03/20/2021 · Paid in Full · Loan `5851248603`
## Borrower
- **Name:** TANDEM SPECIALIZED INC
- **Address:** 1101 Michigan Ave, Saint Louis, MI, 48880-1021
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $516K
- **Initial approval:** $516K
- **Forgiven:** $519K (101%)
- **Forgiveness date:** 11/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $516K
- **Utilities:** $1
- **Jobs reported:** 62
## Lender
- **Originating:** Horizon Bank
- **Servicing:** Horizon Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*