# PPP loan: TIMOTHY, DEVOLT AND COMPANY, P.C.
> **$180K** approved 05/01/2020 · Paid in Full · Loan `1192117709`
## Borrower
- **Name:** TIMOTHY, DEVOLT AND COMPANY, P.C.
- **Address:** 715 KENT CT, SOUTHLAKE, TX, 76092
- **NAICS:** 541211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $181K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $154K
- **Rent:** $11K
- **Health care:** $15K
- **Jobs reported:** 110
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*