# PPP loan: BEVERLY HANKS & ASSOCIATES INC.
> **$697K** approved 04/09/2020 · Paid in Full · Loan `8868217010`
## Borrower
- **Name:** BEVERLY HANKS & ASSOCIATES INC.
- **Address:** 300 Executive Park, ASHEVILLE, NC, 28801-2428
- **NAICS:** 531210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $697K
- **Initial approval:** $697K
- **Forgiven:** $701K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $697K
- **Jobs reported:** 65
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*