# PPP loan: AJAX DISTRIBUTING COMPANY OF MEMPHIS, LLC
> **$1.32M** approved 04/07/2020 · Paid in Full · Loan `6475517006`
## Borrower
- **Name:** AJAX DISTRIBUTING COMPANY OF MEMPHIS, LLC
- **Address:** 330 Warfield Boulevard, CLARKSVILLE, TN, 37043-5654
- **NAICS:** 424810
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.32M
- **Initial approval:** $1.32M
- **Forgiven:** $1.33M (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.05M
- **Rent:** $197K
- **Utilities:** $66K
- **Jobs reported:** 123
## 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*