# PPP loan: PREMIER SYSTEM INTEGRATORS, INC.
> **$3.25M** approved 04/07/2020 · Paid in Full · Loan `6487047004`
## Borrower
- **Name:** PREMIER SYSTEM INTEGRATORS, INC.
- **Address:** 140 Weakley Lane, SMYRNA, TN, 37167-2026
- **NAICS:** 541512
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.25M
- **Initial approval:** $3.25M
- **Forgiven:** $3.29M (101%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.16M
- **Rent:** $1K
- **Utilities:** $19K
- **Debt interest:** $70K
- **Jobs reported:** 192
## 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*