# PPP loan: LAN-SWITCH ENTERPRISES INC.
> **$360K** approved 04/07/2020 · Paid in Full · Loan `6920707003`
## Borrower
- **Name:** LAN-SWITCH ENTERPRISES INC.
- **Address:** 107 Westfield Road, KNOXVILLE, TN, 37919-4820
- **NAICS:** 722310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $360K
- **Initial approval:** $360K
- **Forgiven:** $363K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $360K
- **Jobs reported:** 99
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*