# PPP loan: T.L. CANNON MANAGEMENT CORPORATION
> **$538K** approved 04/14/2020 · Paid in Full · Loan `6137067108`
## Borrower
- **Name:** T.L. CANNON MANAGEMENT CORPORATION
- **Address:** 220 Pointe Vedra Park Drive Suite 100, PONTE VEDRA BEACH, FL, 32082
- **NAICS:** 722110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $538K
- **Initial approval:** $538K
- **Forgiven:** $544K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $528K
- **Rent:** $5K
- **Utilities:** $5K
- **Jobs reported:** 37
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*