# PPP loan: B & V SYSTEMS INC
> **$288K** approved 06/09/2020 · Exemption 4 · Loan `9877357808`
## Borrower
- **Name:** B & V SYSTEMS INC
- **Address:** 350 Willowbrook Dr, MANCHESTER, TN, 37355
- **NAICS:** 722320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $288K
- **Initial approval:** $288K
- **Forgiven:** $228K (79%)
- **Forgiveness date:** 07/15/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $288K
- **Jobs reported:** 40
## Lender
- **Originating:** Tower Community Bank
- **Servicing:** Tower Community Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*