# PPP loan: BILLING SPECIALISTS, INC.
> **$262K** approved 04/14/2020 · Paid in Full · Loan `6603887105`
## Borrower
- **Name:** BILLING SPECIALISTS, INC.
- **Address:** 2501 N Chester St, GASTONIA, NC, 28052-1807
- **NAICS:** 423450
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $209K
- **Rent:** $24K
- **Utilities:** $8K
- **Health care:** $21K
- **Jobs reported:** 17
## 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*