# PPP loan: ENGSTROM SERVICES INC.
> **$300K** approved 04/28/2020 · Paid in Full · Loan `6348317209`
## Borrower
- **Name:** ENGSTROM SERVICES INC.
- **Address:** 600 N Holtzclaw Ave #100, CHATTANOOGA, TN, 37404-1242
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $304K (101%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $300K
- **Jobs reported:** 47
## 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*