# PPP loan: THE BEEF JERKY OUTLET FRANCHISE, INC
> **$245K** approved 04/15/2020 · Paid in Full · Loan `8575177105`
## Borrower
- **Name:** THE BEEF JERKY OUTLET FRANCHISE, INC
- **Address:** 3609 OUTDOOR SPORTSMAN PL, KODAK, TN, 37764-1476
- **NAICS:** 445299
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $250K (102%)
- **Forgiveness date:** 01/04/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $196K
- **Mortgage interest:** $25K
- **Utilities:** $25K
- **Jobs reported:** 17
## Lender
- **Originating:** Tennessee State Bank
- **Servicing:** Tennessee State Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*