# PPP loan: S & W CONTRACTING CO, INC.
> **$1.50M** approved 04/10/2020 · Paid in Full · Loan `1449767102`
## Borrower
- **Name:** S & W CONTRACTING CO, INC.
- **Address:** 952 NEW SALEM HWY, MURFREESBORO, TN, 37129-3335
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.50M
- **Initial approval:** $1.50M
- **Forgiven:** $1.51M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.20M
- **Mortgage interest:** $150K
- **Utilities:** $150K
- **Jobs reported:** 120
## Lender
- **Originating:** Volunteer State Bank
- **Servicing:** Volunteer State Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*