# PPP loan: PEPPER PALACE INC
> **$1.00M** approved 04/14/2020 · Paid in Full · Loan `5855807105`
## Borrower
- **Name:** PEPPER PALACE INC
- **Address:** 3275 NEWPORT HWY, SEVIERVILLE, TN, 37876-1192
- **NAICS:** 445299
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.00M
- **Initial approval:** $1.00M
- **Forgiven:** $1.01M (101%)
- **Forgiveness date:** 02/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.00M
- **Jobs reported:** 271
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*