# PPP loan: TANDEM SPECIALIZED
> **$456K** approved 04/09/2020 · Paid in Full · Loan `9073417001`
## Borrower
- **Name:** TANDEM SPECIALIZED
- **Address:** 5789 Industrial Drive, GRAYLING, MI, 49738-7000
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $456K
- **Initial approval:** $456K
- **Forgiven:** $460K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $365K
- **Rent:** $46K
- **Utilities:** $46K
- **Jobs reported:** 40
## Lender
- **Originating:** Horizon Bank
- **Servicing:** Horizon Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*