# PPP loan: RJ WHERRY & ASSOCIATES
> **$432K** approved 04/28/2020 · Paid in Full · Loan `8650487203`
## Borrower
- **Name:** RJ WHERRY & ASSOCIATES
- **Address:** 1217 NORTHGATE BUSINESS PARKWAY, MADISON, TN, 37115-2475
- **NAICS:** 337110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $432K
- **Initial approval:** $432K
- **Forgiven:** $434K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $324K
- **Mortgage interest:** $54K
- **Utilities:** $54K
- **Jobs reported:** 41
## 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*