# PPP loan: TREARC BRANDS, INC
> **$291K** approved 06/29/2020 · Paid in Full · Loan `5769308010`
## Borrower
- **Name:** TREARC BRANDS, INC
- **Address:** 145 RYMER RD NE, CLEVELAND, TN, 37323-5031
- **NAICS:** 337121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $291K
- **Initial approval:** $291K
- **Forgiven:** $292K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $291K
- **Jobs reported:** 32
## Lender
- **Originating:** First Farmers and Commercial Bank
- **Servicing:** First Farmers and Commercial Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*