# PPP loan: LIPSCOMB AND PITTS INSURANCE LLC
> **$2.12M** approved 04/09/2020 · Paid in Full · Loan `9987417008`
## Borrower
- **Name:** LIPSCOMB AND PITTS INSURANCE LLC
- **Address:** 2670 UNION AVENUE EXT STE 200, MEMPHIS, TN, 38112-4402
- **NAICS:** 524210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.12M
- **Initial approval:** $2.12M
- **Forgiven:** $2.15M (101%)
- **Forgiveness date:** 06/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.12M
- **Jobs reported:** 127
## Lender
- **Originating:** Independent Bank
- **Servicing:** Independent Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*