# PPP loan: GRUHN GUITARS, INC
> **$251K** approved 04/10/2020 · Paid in Full · Loan `2531487105`
## Borrower
- **Name:** GRUHN GUITARS, INC
- **Address:** 2120 8th Avenue S, NASHVILLE, TN, 37204-2204
- **NAICS:** 451140
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $251K
- **Initial approval:** $251K
- **Forgiven:** $253K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Health care:** $53K
- **Jobs reported:** 29
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*