# PPP loan: BROS. MANAGEMENT INC.
> **$1.71M** approved 04/09/2020 · Paid in Full · Loan `9398767010`
## Borrower
- **Name:** BROS. MANAGEMENT INC.
- **Address:** 2501 Magnolia Ave., KNOXVILLE, TN, 37914-5311
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.71M
- **Initial approval:** $1.71M
- **Forgiven:** $1.72M (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.35M
- **Rent:** $280K
- **Utilities:** $77K
- **Jobs reported:** 414
## 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*