# PPP loan: THE HEEL, INC.
> **$206K** approved 04/03/2020 · Paid in Full · Loan `4553377009`
## Borrower
- **Name:** THE HEEL, INC.
- **Address:** 930 WAUBE LN, GREEN BAY, WI, 54304-5522
- **NAICS:** 448210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Forgiven:** $207K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Rent:** $20K
- **Utilities:** $14K
- **Jobs reported:** 36
## Lender
- **Originating:** Nicolet National Bank
- **Servicing:** Nicolet National Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*