# PPP loan: PROTON POWER INC.
> **$587K** approved 02/12/2021 · Paid in Full · Loan `7773318407`
## Borrower
- **Name:** PROTON POWER INC.
- **Address:** 487 Sam Ray Burn Pkwy, Lenoir City, TN, 37771-3356
- **NAICS:** 325120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $587K
- **Initial approval:** $587K
- **Forgiven:** $589K (100%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $587K
- **Utilities:** $1
- **Jobs reported:** 35
## 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*