# PPP loan: STEPHENS CARRIERS, INC
> **$277K** approved 04/28/2020 · Paid in Full · Loan `8409857200`
## Borrower
- **Name:** STEPHENS CARRIERS, INC
- **Address:** 131A SANDERS FERRY RD, HENDERSONVILLE, TN, 37075-4294
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $277K
- **Initial approval:** $277K
- **Forgiven:** $280K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $208K
- **Rent:** $35K
- **Utilities:** $35K
- **Jobs reported:** 26
## Lender
- **Originating:** Volunteer State Bank
- **Servicing:** Volunteer State Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*