# PPP loan: MTPC LLC
> **$508K** approved 04/08/2020 · Paid in Full · Loan `8150437007`
## Borrower
- **Name:** MTPC LLC
- **Address:** 4588 CAROTHERS PKWY, FRANKLIN, TN, 37067-6577
- **NAICS:** 621111
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $508K
- **Initial approval:** $508K
- **Forgiven:** $515K (101%)
- **Forgiveness date:** 08/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $381K
- **Rent:** $22K
- **Utilities:** $5K
- **Debt interest:** $100K
- **Jobs reported:** 35
## Lender
- **Originating:** Mountain Commerce Bank
- **Servicing:** Mountain Commerce Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*