# PPP loan: PRECISION LADDERS LLC
> **$336K** approved 04/08/2020 · Paid in Full · Loan `7922537009`
## Borrower
- **Name:** PRECISION LADDERS LLC
- **Address:** 5501 Jeffrey Lane, MORRISTOWN, TN, 37813-1132
- **NAICS:** 332323
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $336K
- **Initial approval:** $336K
- **Forgiven:** $339K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $330K
- **Utilities:** $6K
- **Jobs reported:** 37
## 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*