# PPP loan: H.G. LIPSCOMB & CO. INC.
> **$155K** approved 04/27/2020 · Paid in Full · Loan `5091977207`
## Borrower
- **Name:** H.G. LIPSCOMB & CO. INC.
- **Address:** 621 MURFREESBORO PIKE, NASHVILLE, TN, 37210-3511
- **NAICS:** 423710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $156K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $124K
- **Mortgage interest:** $16K
- **Utilities:** $16K
- **Jobs reported:** 17
## Lender
- **Originating:** Reliant Bank, A Division of United Community Bank
- **Servicing:** United Community Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*