# PPP loan: TIBB GIN CO. INC
> **$298K** approved 04/28/2020 · Paid in Full · Loan `7300487209`
## Borrower
- **Name:** TIBB GIN CO. INC
- **Address:** 9445 TIBBS RD, BROWNSVILLE, TN, 38012-6111
- **NAICS:** 115111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $298K
- **Initial approval:** $298K
- **Forgiven:** $300K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $282K
- **Mortgage interest:** $8K
- **Utilities:** $8K
- **Jobs reported:** 24
## Lender
- **Originating:** INSOUTH Bank
- **Servicing:** INSOUTH Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*