# PPP loan: TARUS PRODUCTS INC
> **$842K** approved 01/31/2021 · Paid in Full · Loan `9692578303`
## Borrower
- **Name:** TARUS PRODUCTS INC
- **Address:** 38100 Commerce Dr, Sterling Heights, MI, 48312-1006
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $842K
- **Initial approval:** $842K
- **Forgiven:** $854K (101%)
- **Forgiveness date:** 07/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $842K
- **Jobs reported:** 80
## Lender
- **Originating:** Northeast Bank
- **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*