# PPP loan: INDIGO HALL OPERATING CO, LLC
> **$458K** approved 04/14/2020 · Paid in Full · Loan `7571097103`
## Borrower
- **Name:** INDIGO HALL OPERATING CO, LLC
- **Address:** 328 First Avenue NW, HICKORY, NC, 28601
- **NAICS:** 621111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $458K
- **Initial approval:** $458K
- **Forgiven:** $461K (101%)
- **Forgiveness date:** 02/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $343K
- **Rent:** $57K
- **Utilities:** $57K
- **Jobs reported:** 57
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*