# PPP loan: PSYCHIATRIC SPECIALTIES, PLLC
> **$200K** approved 04/14/2020 · Paid in Full · Loan `6040347102`
## Borrower
- **Name:** PSYCHIATRIC SPECIALTIES, PLLC
- **Address:** 1030 Miners Rd, SAINT JOSEPH, MI, 49085
- **NAICS:** 621112
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $202K (101%)
- **Forgiveness date:** 05/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Rent:** $20K
- **Utilities:** $20K
- **Jobs reported:** 22
## Lender
- **Originating:** Horizon Bank
- **Servicing:** Horizon Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*