# PPP loan: HERBERT GATES III MD PA
> **$153K** approved 04/10/2020 · Paid in Full · Loan `2109317105`
## Borrower
- **Name:** HERBERT GATES III MD PA
- **Address:** 681 Goodlette Road North, Suite 220, NAPLES, FL, 34102-5457
- **NAICS:** 621111
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $153K
- **Initial approval:** $153K
- **Forgiven:** $154K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $134K
- **Rent:** $17K
- **Utilities:** $2K
- **Jobs reported:** 12
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*