# PPP loan: ADULT HEALTHCARE SERVICES, INCORPORATED
> **$176K** approved 04/30/2020 · Charged Off · Loan `4788437302`
## Borrower
- **Name:** ADULT HEALTHCARE SERVICES, INCORPORATED
- **Address:** 505 South Main Street, Rocky Mount, VA, 24151
- **NAICS:** 621610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $165K (94%)
- **Forgiveness date:** 03/15/2022
- **Status:** Charged Off
- **Term:** 34 months
## Use of funds
- **Payroll:** $176K
- **Jobs reported:** 35
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*