# PPP loan: HERMAN GRANT CO., INC..
> **$442K** approved 04/14/2020 · Paid in Full · Loan `6015347100`
## Borrower
- **Name:** HERMAN GRANT CO., INC..
- **Address:** 1100 Ashmore Avenue, CHATTANOOGA, TN, 37415-6638
- **NAICS:** 331110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $442K
- **Initial approval:** $442K
- **Forgiven:** $445K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $380K
- **Rent:** $62K
- **Jobs reported:** 37
## Lender
- **Originating:** Reliant Bank, A Division of United Community Bank
- **Servicing:** United Community Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*