# PPP loan: T & C STAMPING, INC.
> **$970K** approved 04/15/2020 · Paid in Full · Loan `9535667110`
## Borrower
- **Name:** T & C STAMPING, INC.
- **Address:** 1403 FREEMAN AVE, ATHENS, AL, 35613-2121
- **NAICS:** 332119
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $970K
- **Initial approval:** $970K
- **Forgiven:** $977K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $784K
- **Rent:** $42K
- **Mortgage interest:** $3K
- **Utilities:** $47K
- **Health care:** $93K
- **Jobs reported:** 78
## Lender
- **Originating:** Bank Independent
- **Servicing:** Bank Independent (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*