# PPP loan: BIOENERGY DEVELOPMENT GROUP, LLC
> **$627K** approved 04/15/2020 · Paid in Full · Loan `1744247200`
## Borrower
- **Name:** BIOENERGY DEVELOPMENT GROUP, LLC
- **Address:** 2227 DEADRICK AVE, MEMPHIS, TN, 38114-3645
- **NAICS:** 325199
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $627K
- **Initial approval:** $627K
- **Forgiven:** $637K (102%)
- **Forgiveness date:** 12/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $500K
- **Rent:** $27K
- **Utilities:** $100K
- **Jobs reported:** 44
## 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*