# PPP loan: PRESTIGE SALES COMPANY INC
> **$269K** approved 04/14/2020 · Paid in Full · Loan `6157257103`
## Borrower
- **Name:** PRESTIGE SALES COMPANY INC
- **Address:** 2400 Appling Street PO Box 5002, CHATTANOOGA, TN, 37406-2516
- **NAICS:** 493110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $269K
- **Initial approval:** $269K
- **Forgiven:** $272K (101%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $224K
- **Rent:** $26K
- **Utilities:** $1K
- **Health care:** $16K
- **Debt interest:** $1K
- **Jobs reported:** 15
## 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*