# PPP loan: TRI-MATION INDUSTRIES, INC.
> **$678K** approved 04/08/2020 · Paid in Full · Loan `8614217010`
## Borrower
- **Name:** TRI-MATION INDUSTRIES, INC.
- **Address:** 24778 COLE AVE, MATTAWAN, MI, 49071-9333
- **NAICS:** 333519
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $678K
- **Initial approval:** $678K
- **Forgiven:** $682K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $527K
- **Rent:** $63K
- **Health care:** $88K
- **Jobs reported:** 43
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*