# PPP loan: ATHENS DISTRIBUTING COMPANY OF CHATTANOOGA
> **$1.04M** approved 04/14/2020 · Paid in Full · Loan `7723297104`
## Borrower
- **Name:** ATHENS DISTRIBUTING COMPANY OF CHATTANOOGA
- **Address:** 2735 KANASITA DR, HIXSON, TN, 37343-4091
- **NAICS:** 424820
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.04M
- **Initial approval:** $1.04M
- **Forgiven:** $1.06M (101%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.04M
- **Jobs reported:** 81
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*