# PPP loan: RIVERBIKE OF TENNESSEE, INC.
> **$874K** approved 04/05/2020 · Paid in Full · Loan `5419527010`
## Borrower
- **Name:** RIVERBIKE OF TENNESSEE, INC.
- **Address:** 401 Fesslers Lane, NASHVILLE, TN, 37210-2907
- **NAICS:** 441228
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $874K
- **Initial approval:** $874K
- **Forgiven:** $883K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $730K
- **Rent:** $104K
- **Utilities:** $40K
- **Jobs reported:** 65
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*