# PPP loan: THE TERMO COMPANY
> **$804K** approved 04/07/2020 · Paid in Full · Loan `6705217006`
## Borrower
- **Name:** THE TERMO COMPANY
- **Address:** 3275 CHERRY AVE, LONG BEACH, CA, 90807-5213
- **NAICS:** 211120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $804K
- **Initial approval:** $804K
- **Forgiven:** $808K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $567K
- **Utilities:** $102K
- **Debt interest:** $135K
- **Jobs reported:** 40
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (MO)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*