# PPP loan: WILLIAM T PAYNE
> **$329K** approved 04/14/2020 · Paid in Full · Loan `6209237100`
## Borrower
- **Name:** WILLIAM T PAYNE
- **Address:** 111 CEDAR LANE, CHATTANOOGA, TN, 37421
- **NAICS:** 238320
- **Business type:** Sole Proprietorship
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $329K
- **Initial approval:** $329K
- **Forgiven:** $332K (101%)
- **Forgiveness date:** 04/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $329K
- **Jobs reported:** 25
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*