# PPP loan: ARMS OF HOPE, INC.
> **$249K** approved 04/04/2020 · Paid in Full · Loan `4811207008`
## Borrower
- **Name:** ARMS OF HOPE, INC.
- **Address:** 21300 State Hwy 19 North, MEDINA, TX, 78055-3820
- **NAICS:** 624110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $186K
- **Utilities:** $31K
- **Health care:** $31K
- **Jobs reported:** 20
## Lender
- **Originating:** Texas Heritage Bank
- **Servicing:** Texas Heritage Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*