# PPP loan: SOUTHERN ORTHOCARE INC
> **$174K** approved 04/09/2020 · Paid in Full · Loan `9454637001`
## Borrower
- **Name:** SOUTHERN ORTHOCARE INC
- **Address:** 2102 E Andrew Johnson Hwy, MORRISTOWN, TN, 37814-5412
- **NAICS:** 446199
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $139K
- **Rent:** $25K
- **Utilities:** $8K
- **Debt interest:** $2K
- **Jobs reported:** 14
## 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*