# PPP loan: FLEET EQUIPMENT LLC
> **$472K** approved 04/08/2020 · Paid in Full · Loan `7947627008`
## Borrower
- **Name:** FLEET EQUIPMENT LLC
- **Address:** 2505 Farrisview Blvd, MEMPHIS, TN, 38118-9513
- **NAICS:** 532120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $472K
- **Initial approval:** $472K
- **Forgiven:** $476K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $439K
- **Rent:** $25K
- **Utilities:** $8K
- **Jobs reported:** 35
## 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*