# PPP loan: MUSGRAVE PENCIL COMPANY
> **$544K** approved 01/21/2021 · Paid in Full · Loan `2795328310`
## Borrower
- **Name:** MUSGRAVE PENCIL COMPANY
- **Address:** 701 W Lane St, Shelbyville, TN, 37160-3116
- **NAICS:** 339940
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $544K
- **Initial approval:** $544K
- **Forgiven:** $547K (101%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $544K
- **Jobs reported:** 87
## Lender
- **Originating:** First Community Bank of Tennessee
- **Servicing:** First Community Bank of Tennessee (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*