# PPP loan: OPSOURCE STAFFING, INC.
> **$640K** approved 04/08/2020 · Paid in Full · Loan `7794037006`
## Borrower
- **Name:** OPSOURCE STAFFING, INC.
- **Address:** 855 GOSSETT RD, SPARTANBURG, SC, 29307-4307
- **NAICS:** 561320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $640K
- **Initial approval:** $640K
- **Forgiven:** $647K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $500K
- **Rent:** $40K
- **Utilities:** $10K
- **Health care:** $90K
- **Jobs reported:** 230
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*