# PPP loan: THE HEISE CORPORATION
> **$498K** approved 02/19/2021 · Paid in Full · Loan `1905238500`
## Borrower
- **Name:** THE HEISE CORPORATION
- **Address:** 11623 Coastal Hwy, Ocean City, MD, 21842-2440
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $498K
- **Initial approval:** $498K
- **Forgiven:** $502K (101%)
- **Forgiveness date:** 02/07/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $498K
- **Utilities:** $1
- **Jobs reported:** 154
## Lender
- **Originating:** Itria Ventures LLC
- **Servicing:** Itria Ventures LLC (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*