# PPP loan: TIME LOGISTICS INC
> **$432K** approved 04/13/2020 · Paid in Full · Loan `4222097101`
## Borrower
- **Name:** TIME LOGISTICS INC
- **Address:** 1406 NASHVILLE HWY, COLUMBIA, TN, 38401-2051
- **NAICS:** 488510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $432K
- **Initial approval:** $432K
- **Forgiven:** $442K (102%)
- **Forgiveness date:** 07/08/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $395K
- **Rent:** $30K
- **Utilities:** $3K
- **Health care:** $2K
- **Debt interest:** $1K
- **Jobs reported:** 38
## 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*