# PPP loan: HERITAGE ACCEPTANCE CORPORATION
> **$950K** approved 04/05/2020 · Exemption 4 · Loan `5182627006`
## Borrower
- **Name:** HERITAGE ACCEPTANCE CORPORATION
- **Address:** 120 W Lexington Av, ELKHART, IN, 46516-3101
- **NAICS:** 522294
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $950K
- **Initial approval:** $950K
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $855K
- **Rent:** $65K
- **Utilities:** $30K
- **Jobs reported:** 90
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*