# PPP loan: REHAB GROUP OF MORRISTOWN
> **$169K** approved 04/28/2020 · Paid in Full · Loan `1476547308`
## Borrower
- **Name:** REHAB GROUP OF MORRISTOWN
- **Address:** 2259 SANDSTONE DR, MORRISTOWN, TN, 37814-2593
- **NAICS:** 624190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $171K (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $127K
- **Rent:** $32K
- **Utilities:** $11K
- **Jobs reported:** 19
## Lender
- **Originating:** Mountain Commerce Bank
- **Servicing:** Mountain Commerce Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*