# PPP loan: STARR EQUIPMENT CO., INC.
> **$340K** approved 04/09/2020 · Paid in Full · Loan `9789017005`
## Borrower
- **Name:** STARR EQUIPMENT CO., INC.
- **Address:** 2626 E. Magnolia Ave., KNOXVILLE, TN, 37914-5315
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $340K
- **Initial approval:** $340K
- **Forgiven:** $342K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $305K
- **Rent:** $10K
- **Utilities:** $5K
- **Health care:** $20K
- **Jobs reported:** 32
## 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*