# PPP loan: HERDT CONSULTING INC
> **$1.40M** approved 04/29/2020 · Paid in Full · Loan `2958707305`
## Borrower
- **Name:** HERDT CONSULTING INC
- **Address:** 261 NORMANDY LANE, CHELSEA, AL, 35043
- **NAICS:** 611430
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.40M
- **Initial approval:** $1.40M
- **Forgiven:** $1.42M (101%)
- **Forgiveness date:** 10/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.40M
- **Jobs reported:** 111
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*