# PPP loan: THOMPSON SURGICAL INSTRUMENTS, INC.
> **$957K** approved 04/30/2020 · Paid in Full · Loan `6388877305`
## Borrower
- **Name:** THOMPSON SURGICAL INSTRUMENTS, INC.
- **Address:** 10170 E Cherry Bend Road, Traverse City, MI, 49684-6843
- **NAICS:** 339112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $957K
- **Initial approval:** $957K
- **Forgiven:** $968K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $844K
- **Rent:** $13K
- **Utilities:** $14K
- **Health care:** $49K
- **Debt interest:** $37K
- **Jobs reported:** 66
## Lender
- **Originating:** Honor Bank
- **Servicing:** Honor Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*