# PPP loan: TREND SALES, INC.
> **$406K** approved 04/09/2020 · Paid in Full · Loan `1145837100`
## Borrower
- **Name:** TREND SALES, INC.
- **Address:** 5235 MENDENHALL PARK PL, MEMPHIS, TN, 38115-5906
- **NAICS:** 424310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $406K
- **Initial approval:** $406K
- **Forgiven:** $411K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $362K
- **Mortgage interest:** $1K
- **Utilities:** $3K
- **Health care:** $40K
- **Jobs reported:** 37
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*