# PPP loan: HOSPICE IN THE PINES
> **$541K** approved 04/08/2020 · Paid in Full · Loan `8282957001`
## Borrower
- **Name:** HOSPICE IN THE PINES
- **Address:** 1504 W FRANK AVE, LUFKIN, TX, 75904-3314
- **NAICS:** 621610
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $541K
- **Initial approval:** $541K
- **Forgiven:** $546K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $433K
- **Mortgage interest:** $54K
- **Utilities:** $54K
- **Jobs reported:** 56
## Lender
- **Originating:** Commercial Bank of Texas, N.A.
- **Servicing:** Commercial Bank of Texas, N.A. (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*