# PPP loan: AJAX DISTRIBUTING CO., INC
> **$689K** approved 04/07/2020 · Paid in Full · Loan `6466277004`
## Borrower
- **Name:** AJAX DISTRIBUTING CO., INC
- **Address:** 330 Warfield Boulevard, CLARKSVILLE, TN, 37043-5654
- **NAICS:** 424810
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $689K
- **Initial approval:** $689K
- **Forgiven:** $697K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $551K
- **Rent:** $103K
- **Utilities:** $34K
- **Jobs reported:** 52
## 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*