# PPP loan: BAUSCHER HEPP INC
> **$152K** approved 05/01/2020 · Paid in Full · Loan `8863547310`
## Borrower
- **Name:** BAUSCHER HEPP INC
- **Address:** 6612 FLEETWOOD DR STE 104, RALEIGH, NC, 27612-1837
- **NAICS:** 423440
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $154K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $114K
- **Rent:** $38K
- **Jobs reported:** 22
## 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*