# PPP loan: TIMERLAND HOME CENTER INC.
> **$1.68M** approved 04/06/2020 · Paid in Full · Loan `5857307003`
## Borrower
- **Name:** TIMERLAND HOME CENTER INC.
- **Address:** 53 S UNION ST, BRAZIL, IN, 47834-2470
- **NAICS:** 236117
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.68M
- **Initial approval:** $1.68M
- **Forgiven:** $1.70M (101%)
- **Forgiveness date:** 04/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.68M
- **Rent:** $1
- **Mortgage interest:** $1
- **Utilities:** $1
- **Health care:** $1
- **Debt interest:** $1
- **Jobs reported:** 150
## Lender
- **Originating:** Peoples Bank & Trust
- **Servicing:** Peoples Bank & Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*