# PPP loan: NEW HANOVER CHIROPRACTIC, PC
> **$198K** approved 04/15/2020 · Paid in Full · Loan `8552367100`
## Borrower
- **Name:** NEW HANOVER CHIROPRACTIC, PC
- **Address:** 1810 Swamp Pike Suite 100, Gilbertsville, PA, 19525
- **NAICS:** 621310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $164K
- **Rent:** $29K
- **Utilities:** $931
- **Health care:** $4K
- **Jobs reported:** 24
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*