# PPP loan: TENNESSEE ASSOCIATED ELECTRIC, LLC
> **$1.75M** approved 04/06/2020 · Paid in Full · Loan `5791307010`
## Borrower
- **Name:** TENNESSEE ASSOCIATED ELECTRIC, LLC
- **Address:** 214 W. Morelia Avenue, KNOXVILLE, TN, 37917-5151
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.75M
- **Initial approval:** $1.75M
- **Forgiven:** $1.77M (101%)
- **Forgiveness date:** 04/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.75M
- **Jobs reported:** 110
## Lender
- **Originating:** Home Federal Bank of Tennessee
- **Servicing:** Home Federal Bank of Tennessee (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*