# PPP loan: 5TH & TAYLOR, LLC
> **$450K** approved 04/07/2020 · Paid in Full · Loan `7080657002`
## Borrower
- **Name:** 5TH & TAYLOR, LLC
- **Address:** 1411 5th Avenue North, NASHVILLE, TN, 37208-2727
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $450K
- **Initial approval:** $450K
- **Forgiven:** $454K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $381K
- **Rent:** $45K
- **Mortgage interest:** $5K
- **Utilities:** $8K
- **Health care:** $11K
- **Jobs reported:** 40
## 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*