# PPP loan: INSURANCE MANAGEMENT CONCEPTS LLC
> **$217K** approved 04/08/2020 · Paid in Full · Loan `7670227002`
## Borrower
- **Name:** INSURANCE MANAGEMENT CONCEPTS LLC
- **Address:** 900 South GAY ST Suite 2305, KNOXVILLE, TN, 37902-1800
- **NAICS:** 524298
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $217K
- **Initial approval:** $217K
- **Forgiven:** $219K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $185K
- **Rent:** $3K
- **Utilities:** $1K
- **Health care:** $28K
- **Jobs reported:** 10
## 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*