# PPP loan: MEMPHIS PLYWOOD CORPORATION
> **$315K** approved 04/07/2020 · Paid in Full · Loan `7523137010`
## Borrower
- **Name:** MEMPHIS PLYWOOD CORPORATION
- **Address:** 337 E Mallory, MEMPHIS, TN, 38109-2525
- **NAICS:** 337110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $315K
- **Initial approval:** $315K
- **Forgiven:** $319K (101%)
- **Forgiveness date:** 05/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $279K
- **Utilities:** $17K
- **Health care:** $18K
- **Debt interest:** $2K
- **Jobs reported:** 33
## 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*