# PPP loan: SYNERGY PRODUCTS INC.
> **$239K** approved 04/28/2020 · Paid in Full · Loan `7942437207`
## Borrower
- **Name:** SYNERGY PRODUCTS INC.
- **Address:** 1300 Boyd Farris Rd. Suite B, COOKEVILLE, TN, 38506-6382
- **NAICS:** 311340
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $239K
- **Initial approval:** $239K
- **Forgiven:** $242K (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $226K
- **Rent:** $10K
- **Utilities:** $3K
- **Jobs reported:** 16
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*