# PPP loan: PRIORITY WASTE SERVICES
> **$408K** approved 04/07/2020 · Paid in Full · Loan `7505877005`
## Borrower
- **Name:** PRIORITY WASTE SERVICES
- **Address:** 470 ROCK QUARRY RD, SODDY DAISY, TN, 37379-5166
- **NAICS:** 562111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $408K
- **Initial approval:** $379K
- **Forgiven:** $412K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 23 months
## Use of funds
- **Payroll:** $320K
- **Mortgage interest:** $10K
- **Utilities:** $55K
- **Health care:** $10K
- **Debt interest:** $13K
- **Jobs reported:** 42
## 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*