# PPP loan: FARRIS OF MORRISTOWN LLC
> **$276K** approved 04/14/2020 · Paid in Full · Loan `5960037101`
## Borrower
- **Name:** FARRIS OF MORRISTOWN LLC
- **Address:** 910 WEST MORRIS BLVD, MORRISTOWN, TN, 37813-2025
- **NAICS:** 441110
- **Business type:** Partnership
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $276K
- **Initial approval:** $276K
- **Forgiven:** $278K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $239K
- **Rent:** $15K
- **Utilities:** $4K
- **Health care:** $896
- **Debt interest:** $17K
- **Jobs reported:** 34
## Lender
- **Originating:** Commercial Bank
- **Servicing:** Commercial Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*