# PPP loan: CHARTER HR, INC
> **$224K** approved 04/06/2020 · Paid in Full · Loan `5795527003`
## Borrower
- **Name:** CHARTER HR, INC
- **Address:** 160 MCCLELLAN INDUSTRIAL DR, KELLYTON, AL, 35089-2804
- **NAICS:** 561330
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $226K (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $168K
- **Rent:** $11K
- **Mortgage interest:** $11K
- **Utilities:** $11K
- **Health care:** $11K
- **Debt interest:** $11K
- **Jobs reported:** 17
## Lender
- **Originating:** Oakworth Capital Bank
- **Servicing:** Oakworth Capital Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*