# PPP loan: NATIONAL GUARD PRODUCTS, INC.
> **$3.03M** approved 04/07/2020 · Paid in Full · Loan `7634437009`
## Borrower
- **Name:** NATIONAL GUARD PRODUCTS, INC.
- **Address:** 4985 RAINES RD, MEMPHIS, TN, 38118-7024
- **NAICS:** 332321
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.03M
- **Initial approval:** $3.03M
- **Forgiven:** $3.07M (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.82M
- **Rent:** $117K
- **Utilities:** $50K
- **Debt interest:** $40K
- **Jobs reported:** 316
## 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*