# PPP loan: THE LILLY COMPANY
> **$3.85M** approved 04/07/2020 · Paid in Full · Loan `6470377002`
## Borrower
- **Name:** THE LILLY COMPANY
- **Address:** 3613 Knight Arnold Road, MEMPHIS, TN, 38118-2729
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.85M
- **Initial approval:** $3.85M
- **Forgiven:** $3.89M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.53M
- **Rent:** $116K
- **Utilities:** $203K
- **Jobs reported:** 276
## 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*