# PPP loan: LIPSEY TRUCKING LLC
> **$950K** approved 04/09/2020 · Paid in Full · Loan `9249797004`
## Borrower
- **Name:** LIPSEY TRUCKING LLC
- **Address:** 5600 BRAINERD RD STE E2, CHATTANOOGA, TN, 37411-5310
- **NAICS:** 484121
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $950K
- **Initial approval:** $950K
- **Forgiven:** $961K (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $950K
- **Jobs reported:** 86
## Lender
- **Originating:** SmartBank
- **Servicing:** SmartBank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*