# PPP loan: DHIC, INC.
> **$416K** approved 04/07/2020 · Paid in Full · Loan `7499887000`
## Borrower
- **Name:** DHIC, INC.
- **Address:** 113 S WILMINGTON ST, RALEIGH, NC, 27601-1431
- **NAICS:** 236116
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $416K
- **Initial approval:** $416K
- **Forgiven:** $421K (101%)
- **Forgiveness date:** 05/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $335K
- **Rent:** $5K
- **Utilities:** $6K
- **Health care:** $55K
- **Debt interest:** $15K
- **Jobs reported:** 19
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*