# PPP loan: ATLANTIC DISTRIBUTORS, INC.
> **$268K** approved 04/12/2020 · Paid in Full · Loan `3751817104`
## Borrower
- **Name:** ATLANTIC DISTRIBUTORS, INC.
- **Address:** 51 LOST MOUND DR, CHATTANOOGA, TN, 37406-0019
- **NAICS:** 424420
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $268K
- **Initial approval:** $268K
- **Forgiven:** $271K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $268K
- **Jobs reported:** 28
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*