# PPP loan: THE COCHRAN FIRM-DOTHAN, P.C.
> **$178K** approved 04/07/2020 · Paid in Full · Loan `7564897000`
## Borrower
- **Name:** THE COCHRAN FIRM-DOTHAN, P.C.
- **Address:** 111 E. MAIN ST, DOTHAN, AL, 36301-1721
- **NAICS:** 541110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $180K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $134K
- **Mortgage interest:** $22K
- **Utilities:** $22K
- **Jobs reported:** 10
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*