# PPP loan: TIMMERMAN MANUFACTURING INC
> **$270K** approved 04/14/2020 · Paid in Full · Loan `6936227104`
## Borrower
- **Name:** TIMMERMAN MANUFACTURING INC
- **Address:** 102 MCLIN CREEK RD, CONOVER, NC, 28613-8900
- **NAICS:** 337121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $270K
- **Initial approval:** $270K
- **Forgiven:** $272K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $270K
- **Jobs reported:** 27
## Lender
- **Originating:** Piedmont Federal Savings Bank
- **Servicing:** Piedmont Federal Savings Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*