# PPP loan: DESIGN FOUNDRY LLC
> **$878K** approved 04/08/2020 · Paid in Full · Loan `7988657002`
## Borrower
- **Name:** DESIGN FOUNDRY LLC
- **Address:** 1105 22nd Street SE, HICKORY, NC, 28602-9670
- **NAICS:** 337121
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $878K
- **Initial approval:** $878K
- **Forgiven:** $888K (101%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 23 months
## Use of funds
- **Payroll:** $768K
- **Utilities:** $30K
- **Health care:** $80K
- **Jobs reported:** 73
## 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*