# PPP loan: RHINO CONSTRUCTION LLC
> **$504K** approved 04/09/2020 · Paid in Full · Loan `8913557007`
## Borrower
- **Name:** RHINO CONSTRUCTION LLC
- **Address:** 2050 RHINO XING, MILAN, TN, 38358-5201
- **NAICS:** 236220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $504K
- **Initial approval:** $504K
- **Forgiven:** $508K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $449K
- **Rent:** $28K
- **Mortgage interest:** $20K
- **Utilities:** $7K
- **Jobs reported:** 42
## Lender
- **Originating:** Carroll Bank & Trust
- **Servicing:** Carroll Bank & Trust (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*