# PPP loan: TBC, INC.
> **$890K** approved 04/14/2020 · Paid in Full · Loan `7665487103`
## Borrower
- **Name:** TBC, INC.
- **Address:** 3601 O'Donnell St STE 100, Baltimore, MD, 21224
- **NAICS:** 541810
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $890K
- **Initial approval:** $890K
- **Forgiven:** $898K (101%)
- **Forgiveness date:** 03/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $650K
- **Rent:** $120K
- **Utilities:** $32K
- **Health care:** $88K
- **Jobs reported:** 55
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*