# PPP loan: LAKEWAY CONTAINER INC
> **$1.05M** approved 04/09/2020 · Paid in Full · Loan `9787587008`
## Borrower
- **Name:** LAKEWAY CONTAINER INC
- **Address:** 5715 Superior Dr, MORRISTOWN, TN, 37814-1075
- **NAICS:** 322211
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.05M
- **Initial approval:** $1.05M
- **Forgiven:** $1.06M (101%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $992K
- **Mortgage interest:** $6K
- **Utilities:** $50K
- **Jobs reported:** 106
## 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*