# PPP loan: FMG SPA LLC
> **$544K** approved 03/23/2021 · Paid in Full · Loan `7012388608`
## Borrower
- **Name:** FMG SPA LLC
- **Address:** 1550 Bonnie Ln Ste 103, Cordova, TN, 38016-0549
- **NAICS:** 621399
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $544K
- **Initial approval:** $544K
- **Forgiven:** $551K (101%)
- **Forgiveness date:** 06/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $544K
- **Utilities:** $1
- **Jobs reported:** 85
## 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*