# PPP loan: LONG FOUNDATION DRILLING CO.
> **$1.36M** approved 02/04/2021 · Exemption 4 · Loan `3119598407`
## Borrower
- **Name:** LONG FOUNDATION DRILLING CO.
- **Address:** 3014 Brandau Rd, Hermitage, TN, 37076-3501
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.36M
- **Initial approval:** $1.36M
- **Forgiven:** $999K (73%)
- **Forgiveness date:** 10/27/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.36M
- **Utilities:** $1
- **Jobs reported:** 82
## 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*