# PPP loan: HEARN SERVICES, INC
> **$927K** approved 04/07/2020 · Paid in Full · Loan `7088087002`
## Borrower
- **Name:** HEARN SERVICES, INC
- **Address:** 3311 COUNTY ROAD 47, FLORENCE, AL, 35630-8933
- **NAICS:** 238220
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $927K
- **Initial approval:** $934K
- **Forgiven:** $932K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $743K
- **Rent:** $84K
- **Utilities:** $100K
- **Jobs reported:** 73
## Lender
- **Originating:** United Community Bank
- **Servicing:** United Community Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*