# PPP loan: UNITED GLOVE, INC.
> **$261K** approved 04/15/2020 · Paid in Full · Loan `9772187101`
## Borrower
- **Name:** UNITED GLOVE, INC.
- **Address:** 2017 N STEWART AVE, NEWTON, NC, 28658-2800
- **NAICS:** 315190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $264K (101%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $208K
- **Rent:** $6K
- **Utilities:** $20K
- **Health care:** $21K
- **Debt interest:** $5K
- **Jobs reported:** 36
## 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*