# PPP loan: CARTHAGE HEALTHCARE, INC.
> **$624K** approved 04/14/2020 · Paid in Full · Loan `6016507102`
## Borrower
- **Name:** CARTHAGE HEALTHCARE, INC.
- **Address:** 801 Pinehurst Ave, CARTHAGE, NC, 28327-9338
- **NAICS:** 623110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $624K
- **Initial approval:** $624K
- **Forgiven:** $631K (101%)
- **Forgiveness date:** 05/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $468K
- **Rent:** $122K
- **Mortgage interest:** $34K
- **Jobs reported:** 78
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*