# PPP loan: PRESTON MCNEES SPECIALITY WOODWORKING SHOP INC.
> **$328K** approved 01/20/2021 · Paid in Full · Loan `2244258306`
## Borrower
- **Name:** PRESTON MCNEES SPECIALITY WOODWORKING SHOP INC.
- **Address:** 720 Rolling Hills Dr, Johnson City, TN, 37604-7264
- **NAICS:** 337212
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $333K (101%)
- **Forgiveness date:** 05/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $328K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** Bank of Tennessee
- **Servicing:** Bank of Tennessee (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*