# PPP loan: W. L. BISHOP CONSTRUCTION CO.
> **$203K** approved 04/08/2020 · Paid in Full · Loan `8212117001`
## Borrower
- **Name:** W. L. BISHOP CONSTRUCTION CO.
- **Address:** 2211 LEAH DR, HILLSBOROUGH, NC, 27278-9010
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $203K
- **Initial approval:** $203K
- **Forgiven:** $205K (101%)
- **Forgiveness date:** 12/21/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $189K
- **Rent:** $6K
- **Utilities:** $350
- **Health care:** $8K
- **Jobs reported:** 17
## 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*