# PPP loan: PILOT HOUSE MOTOR INNS, INC.
> **$200K** approved 04/14/2020 · Paid in Full · Loan `7537587104`
## Borrower
- **Name:** PILOT HOUSE MOTOR INNS, INC.
- **Address:** 100 N Front St, MEMPHIS, TN, 38103-2117
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $202K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Utilities:** $38K
- **Health care:** $12K
- **Jobs reported:** 35
## 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*