# PPP loan: MORRISTOWN ROOFING COMPANY INC
> **$526K** approved 04/11/2020 · Paid in Full · Loan `3487347105`
## Borrower
- **Name:** MORRISTOWN ROOFING COMPANY INC
- **Address:** 7840 E Andrew Johnson Hwy, WHITESBURG, TN, 37891-9052
- **NAICS:** 238160
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $526K
- **Initial approval:** $526K
- **Forgiven:** $531K (101%)
- **Forgiveness date:** 04/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $491K
- **Rent:** $25K
- **Utilities:** $10K
- **Jobs reported:** 54
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*