# PPP loan: ALLEN SAMUELS OF HEARNE INC
> **$334K** approved 04/08/2020 · Paid in Full · Loan `8518977004`
## Borrower
- **Name:** ALLEN SAMUELS OF HEARNE INC
- **Address:** 4556 S State Hwy 6, HEARNE, TX, 77859-4032
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $334K
- **Initial approval:** $334K
- **Forgiven:** $338K (101%)
- **Forgiveness date:** 05/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Rent:** $83K
- **Jobs reported:** 101
## Lender
- **Originating:** First National Bank of Central Texas
- **Servicing:** First National Bank of Central Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*