# PPP loan: UNITED WAY
> **$620K** approved 04/14/2020 · Paid in Full · Loan `5972957103`
## Borrower
- **Name:** UNITED WAY
- **Address:** 630 MARKET ST, CHATTANOOGA, TN, 37402-1205
- **NAICS:** 813219
- **Business type:** 501(c)3 ¿ Non Profit
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $620K
- **Initial approval:** $620K
- **Forgiven:** $629K (101%)
- **Forgiveness date:** 09/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $600K
- **Utilities:** $20K
- **Jobs reported:** 44
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*