# PPP loan: FOUTCH INDUSTRIES
> **$533K** approved 04/14/2020 · Paid in Full · Loan `6365727107`
## Borrower
- **Name:** FOUTCH INDUSTRIES
- **Address:** 400 Moog Industrial Blvd, Smithville, TN, 37166-3301
- **NAICS:** 332812
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $533K
- **Initial approval:** $533K
- **Forgiven:** $537K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $533K
- **Jobs reported:** 36
## Lender
- **Originating:** FirstBank
- **Servicing:** FirstBank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*