# PPP loan: TROPICAL MANAGEMENT HOLDINGS, INC.
> **$363K** approved 04/08/2020 · Paid in Full · Loan `7709757006`
## Borrower
- **Name:** TROPICAL MANAGEMENT HOLDINGS, INC.
- **Address:** 25212 EVERGREEN RD, SOUTHFIELD, MI, 48075-1760
- **NAICS:** 533110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $363K
- **Initial approval:** $352K
- **Forgiven:** $366K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $363K
- **Jobs reported:** 76
## Lender
- **Originating:** Flagstar Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*