# PPP loan: CHITWOOD & CHITWOOD PC
> **$438K** approved 05/01/2020 · Paid in Full · Loan `5232957707`
## Borrower
- **Name:** CHITWOOD & CHITWOOD PC
- **Address:** 5746 MARLIN RD STE 500, CHATTANOOGA, TN, 37411-5679
- **NAICS:** 541219
- **Business type:** Professional Association
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $438K
- **Initial approval:** $438K
- **Forgiven:** $315K (72%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $438K
- **Jobs reported:** 30
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*