# PPP loan: CHARLES HENDERSON MEMORIAL ASSOCIATION
> **$462K** approved 04/06/2020 · Paid in Full · Loan `6129177008`
## Borrower
- **Name:** CHARLES HENDERSON MEMORIAL ASSOCIATION
- **Address:** 1300 HIGHWAY 231, TROY, AL, 36081-3058
- **NAICS:** 621111
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $462K
- **Initial approval:** $462K
- **Forgiven:** $465K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $439K
- **Utilities:** $23K
- **Jobs reported:** 40
## Lender
- **Originating:** Troy Bank & Trust Company
- **Servicing:** Troy Bank & Trust Company (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*