# PPP loan: HEMPHILL HOLDING COMPANY, INC
> **$702K** approved 04/09/2020 · Paid in Full · Loan `9767557002`
## Borrower
- **Name:** HEMPHILL HOLDING COMPANY, INC
- **Address:** 1858 Highway 49 South, FLORENCE, MS, 39073-1096
- **NAICS:** 541611
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $702K
- **Initial approval:** $702K
- **Forgiven:** $708K (101%)
- **Forgiveness date:** 04/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $584K
- **Utilities:** $99K
- **Health care:** $19K
- **Jobs reported:** 40
## Lender
- **Originating:** Community Bank of Mississippi
- **Servicing:** Community Bank of Mississippi (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*