# PPP loan: FAIRHOPE INTERNAL MEDICINE, P.C.
> **$190K** approved 04/08/2020 · Paid in Full · Loan `8503057007`
## Borrower
- **Name:** FAIRHOPE INTERNAL MEDICINE, P.C.
- **Address:** 150 S. INGLESIDE ST STE 6, FAIRHOPE, AL, 36532-1802
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $190K
- **Initial approval:** $190K
- **Forgiven:** $193K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $152K
- **Rent:** $20K
- **Utilities:** $18K
- **Jobs reported:** 23
## Lender
- **Originating:** The First Bank
- **Servicing:** The First Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*