# PPP loan: TORREY J CARLSON AND ASSOCIATES, P.C.
> **$563K** approved 04/07/2020 · Paid in Full · Loan `7190887002`
## Borrower
- **Name:** TORREY J CARLSON AND ASSOCIATES, P.C.
- **Address:** 505 MAGNOLIA RIDGE DR, JONESBOROUGH, TN, 37659-7442
- **NAICS:** 621320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $563K
- **Initial approval:** $563K
- **Forgiven:** $570K (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $479K
- **Rent:** $50K
- **Utilities:** $2K
- **Health care:** $32K
- **Jobs reported:** 59
## 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*