# PPP loan: HEARTWOOD STUDIOS, INC.
> **$220K** approved 04/27/2020 · Paid in Full · Loan `5892487202`
## Borrower
- **Name:** HEARTWOOD STUDIOS, INC.
- **Address:** 2121 S. EL CAMINO REAL STE 100, SAN MATEO, CA, 94403-1859
- **NAICS:** 611420
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $222K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Jobs reported:** 13
## Lender
- **Originating:** Farmers State Bank & Trust Co
- **Servicing:** Farmers State Bank & Trust Co (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*