# PPP loan: PROFORMS, INC.
> **$280K** approved 04/07/2020 · Paid in Full · Loan `7334587006`
## Borrower
- **Name:** PROFORMS, INC.
- **Address:** ELK CAMP LANEELK CAMP LN, KNOXVILLE, TN, 37918-1023
- **NAICS:** 424120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $282K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $258K
- **Rent:** $8K
- **Utilities:** $4K
- **Health care:** $10K
- **Jobs reported:** 31
## Lender
- **Originating:** Commercial Bank
- **Servicing:** Commercial Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*