# PPP loan: BIN 54
> **$179K** approved 04/15/2020 · Paid in Full · Loan `1311907202`
## Borrower
- **Name:** BIN 54
- **Address:** 1201 RALEIGH RD, CHAPEL HILL, NC, 27517-4026
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $179K
- **Initial approval:** $179K
- **Forgiven:** $178K (100%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $143K
- **Rent:** $20K
- **Utilities:** $5K
- **Health care:** $2K
- **Debt interest:** $9K
- **Jobs reported:** 35
## 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*