# PPP loan: HEART OF THE DESERT, INC.
> **$167K** approved 04/04/2020 · Paid in Full · Loan `5002207002`
## Borrower
- **Name:** HEART OF THE DESERT, INC.
- **Address:** 7288 HIGHWAY 54 70, ALAMOGORDO, NM, 88310-9141
- **NAICS:** 445299
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $168K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $167K
- **Jobs reported:** 32
## Lender
- **Originating:** First National Bank
- **Servicing:** First National Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*