# PPP loan: SPSGNVL, INC.
> **$1.02M** approved 04/14/2020 · Paid in Full · Loan `7211557106`
## Borrower
- **Name:** SPSGNVL, INC.
- **Address:** 2290 E Andrew Johnson Hwy, GREENEVILLE, TN, 37745
- **NAICS:** 561320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.02M
- **Forgiven:** $1.04M (101%)
- **Forgiveness date:** 10/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $988K
- **Rent:** $3K
- **Mortgage interest:** $6K
- **Utilities:** $8K
- **Health care:** $12K
- **Debt interest:** $3K
- **Jobs reported:** 228
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*