# PPP loan: CLAYTON AUTO'S INC.
> **$353K** approved 04/09/2020 · Paid in Full · Loan `9863737008`
## Borrower
- **Name:** CLAYTON AUTO'S INC.
- **Address:** 4601 Clinton Highway, KNOXVILLE, TN, 37912-3933
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $353K
- **Initial approval:** $353K
- **Forgiven:** $359K (102%)
- **Forgiveness date:** 10/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $310K
- **Utilities:** $12K
- **Health care:** $31K
- **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*