# PPP loan: HERK & ASSOCIATES, LLC
> **$272K** approved 04/09/2020 · Paid in Full · Loan `9439307009`
## Borrower
- **Name:** HERK & ASSOCIATES, LLC
- **Address:** 7250 N.16TH ST, PHOENIX, AZ, 85020-5200
- **NAICS:** 561311
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $272K
- **Initial approval:** $272K
- **Forgiven:** $273K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $245K
- **Rent:** $13K
- **Utilities:** $2K
- **Health care:** $12K
- **Jobs reported:** 15
## Lender
- **Originating:** BNC National Bank
- **Servicing:** BNC National Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*