# PPP loan: TM HOSPITALITY INC
> **$1.55M** approved 04/08/2020 · Paid in Full · Loan `8502677003`
## Borrower
- **Name:** TM HOSPITALITY INC
- **Address:** 1000 Northwest 42nd Avenue, MIAMI, FL, 33126-3645
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.55M
- **Initial approval:** $1.55M
- **Forgiven:** $1.56M (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.55M
- **Jobs reported:** 193
## Lender
- **Originating:** Ocean Bank
- **Servicing:** Ocean Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*