# PPP loan: ANGIOSYSTEMS, INC.
> **$241K** approved 04/14/2020 · Paid in Full · Loan `5957167104`
## Borrower
- **Name:** ANGIOSYSTEMS, INC.
- **Address:** PO Box 760 7 Hopkins Place, DUCKTOWN, TN, 37326
- **NAICS:** 339112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $241K
- **Initial approval:** $241K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $227K
- **Utilities:** $8K
- **Debt interest:** $6K
- **Jobs reported:** 47
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*