# PPP loan: SUMMIT GENERAL CONTRACTORS, INC.
> **$369K** approved 04/09/2020 · Paid in Full · Loan `9380807000`
## Borrower
- **Name:** SUMMIT GENERAL CONTRACTORS, INC.
- **Address:** 10407 Lovell Center Drive, KNOXVILLE, TN, 37922-3228
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $369K
- **Initial approval:** $369K
- **Forgiven:** $372K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $359K
- **Rent:** $7K
- **Utilities:** $3K
- **Jobs reported:** 28
## 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*