# PPP loan: TANDS, INC.
> **$8.37M** approved 04/14/2020 · Paid in Full · Loan `6546097107`
## Borrower
- **Name:** TANDS, INC.
- **Address:** 335 N QUEEN ST, KINSTON, NC, 28501-4931
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $8.37M
- **Initial approval:** $8.37M
- **Forgiven:** $8.47M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $8.37M
- **Jobs reported:** 500
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*