# PPP loan: LORRAINE ENTERPRISES LC
> **$1.31M** approved 04/13/2020 · Paid in Full · Loan `5643957102`
## Borrower
- **Name:** LORRAINE ENTERPRISES LC
- **Address:** 10242 KINGSTON PIKE, KNOXVILLE, TN, 37922-3221
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.31M
- **Initial approval:** $1.31M
- **Forgiven:** $1.32M (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.31M
- **Jobs reported:** 178
## 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*