# PPP loan: AVERY HALL INSURANCE AGENCY, INC
> **$999K** approved 04/14/2020 · Paid in Full · Loan `6507177104`
## Borrower
- **Name:** AVERY HALL INSURANCE AGENCY, INC
- **Address:** 308 MAIN ST, SALISBURY, MD, 21801-4925
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $999K
- **Initial approval:** $999K
- **Forgiven:** $1.00M (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $750K
- **Rent:** $125K
- **Utilities:** $125K
- **Jobs reported:** 58
## Lender
- **Originating:** The Farmers Bank of Willards
- **Servicing:** The Farmers Bank of Willards (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*