# PPP loan: TENNESSEE TOOL AND ENGINEERING, INC.
> **$1.04M** approved 04/10/2020 · Paid in Full · Loan `1713987109`
## Borrower
- **Name:** TENNESSEE TOOL AND ENGINEERING, INC.
- **Address:** 735 EMORY VALLEY RD, OAK RIDGE, TN, 37830-7017
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.04M
- **Initial approval:** $1.04M
- **Forgiven:** $1.05M (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $898K
- **Rent:** $2K
- **Utilities:** $62K
- **Health care:** $63K
- **Debt interest:** $15K
- **Jobs reported:** 81
## Lender
- **Originating:** TNBANK
- **Servicing:** TNBANK (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*