# PPP loan: COLLINS AND COMPANY, INC.
> **$389K** approved 04/09/2020 · Paid in Full · Loan `8908537007`
## Borrower
- **Name:** COLLINS AND COMPANY, INC.
- **Address:** 555 RIVER ST, CHATTANOOGA, TN, 37405-4132
- **NAICS:** 524291
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $389K
- **Initial approval:** $389K
- **Forgiven:** $393K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $130K
- **Mortgage interest:** $130K
- **Utilities:** $130K
- **Jobs reported:** 29
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*