# PPP loan: SHOALS ORTHODONTICS, INC.
> **$219K** approved 04/07/2020 · Paid in Full · Loan `7662957009`
## Borrower
- **Name:** SHOALS ORTHODONTICS, INC.
- **Address:** 1916 BRUIN DR, FLORENCE, AL, 35630-6769
- **NAICS:** 621210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $219K
- **Initial approval:** $219K
- **Forgiven:** $221K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $219K
- **Jobs reported:** 17
## Lender
- **Originating:** Bank Independent
- **Servicing:** Bank Independent (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*