# PPP loan: BAKERS WASTE EQUIPMENT, INC.
> **$1.41M** approved 04/08/2020 · Paid in Full · Loan `8719547000`
## Borrower
- **Name:** BAKERS WASTE EQUIPMENT, INC.
- **Address:** 1808 NORWOOD ST SW, LENOIR, NC, 28645-6431
- **NAICS:** 332439
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.41M
- **Initial approval:** $1.41M
- **Forgiven:** $1.43M (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.27M
- **Rent:** $120K
- **Utilities:** $20K
- **Jobs reported:** 144
## 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*