# PPP loan: BOB LADD & ASSOCIATES, INC.
> **$662K** approved 04/11/2020 · Paid in Full · Loan `3481337101`
## Borrower
- **Name:** BOB LADD & ASSOCIATES, INC.
- **Address:** 6881 APPLING FARMS PKWY, MEMPHIS, TN, 38133-4713
- **NAICS:** 423910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $662K
- **Initial approval:** $662K
- **Forgiven:** $668K (101%)
- **Forgiveness date:** 03/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $496K
- **Utilities:** $165K
- **Jobs reported:** 45
## Lender
- **Originating:** First-Citizens National Bank
- **Servicing:** First-Citizens National Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*