# PPP loan: ALLEN SEARCY BUILDER CONTRACTOR INC
> **$320K** approved 02/02/2021 · Paid in Full · Loan `1708778401`
## Borrower
- **Name:** ALLEN SEARCY BUILDER CONTRACTOR INC
- **Address:** 2305 W Main St, Union City, TN, 38261-1561
- **NAICS:** 236115
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $320K
- **Initial approval:** $320K
- **Forgiven:** $321K (100%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $320K
- **Utilities:** $1
- **Jobs reported:** 36
## Lender
- **Originating:** Commercial Bank and Trust Company
- **Servicing:** Commercial Bank and Trust Company (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*