# PPP loan: CAPE FEAR EYE ASSOCIATES, PA
> **$727K** approved 04/28/2020 · Paid in Full · Loan `6702197203`
## Borrower
- **Name:** CAPE FEAR EYE ASSOCIATES, PA
- **Address:** 1726 METROMEDICAL DR, FAYETTEVILLE, NC, 28304-3861
- **NAICS:** 621399
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $727K
- **Initial approval:** $727K
- **Forgiven:** $734K (101%)
- **Forgiveness date:** 05/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $584K
- **Rent:** $80K
- **Utilities:** $16K
- **Health care:** $46K
- **Jobs reported:** 61
## 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*