# PPP loan: ALLEN SEARCY BUILDER-CONTRACTOR, INC.
> **$320K** approved 04/07/2020 · Paid in Full · Loan `6803977004`
## Borrower
- **Name:** ALLEN SEARCY BUILDER-CONTRACTOR, INC.
- **Address:** 2305 W. MAIN ST, UNION CITY, TN, 38261-1561
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $320K
- **Initial approval:** $320K
- **Forgiven:** $322K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $320K
- **Jobs reported:** 54
## Lender
- **Originating:** Commercial Bank and Trust Company
- **Servicing:** Commercial Bank and Trust Company (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*