# PPP loan: TARA MATERIALS, INC.
> **$1.12M** approved 04/07/2020 · Paid in Full · Loan `7150267010`
## Borrower
- **Name:** TARA MATERIALS, INC.
- **Address:** 322 Industrial Park Dr., LAWRENCEVILLE, GA, 30046-4646
- **NAICS:** 314910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Forgiven:** $1.13M (101%)
- **Forgiveness date:** 04/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.12M
- **Jobs reported:** 115
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*