# PPP loan: TFC GROUP, LLC
> **$470K** approved 04/14/2020 · Paid in Full · Loan `7044817103`
## Borrower
- **Name:** TFC GROUP, LLC
- **Address:** 136 COMMERCIAL AVE, ADDISON, IL, 60101-4504
- **NAICS:** 332812
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $470K
- **Initial approval:** $470K
- **Forgiven:** $475K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $376K
- **Rent:** $47K
- **Mortgage interest:** $23K
- **Utilities:** $23K
- **Jobs reported:** 62
## Lender
- **Originating:** Cornerstone National Bank & Trust Company
- **Servicing:** Cornerstone National Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*