# PPP loan: ABC HOSPICE INC.
> **$228K** approved 04/09/2020 · Paid in Full · Loan `9871247003`
## Borrower
- **Name:** ABC HOSPICE INC.
- **Address:** 266 INDUSTRIAL DRIVE, RAINSVILLE, AL, 35986-4462
- **NAICS:** 621498
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $225K (99%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $204K
- **Rent:** $6K
- **Utilities:** $6K
- **Health care:** $12K
- **Jobs reported:** 24
## Lender
- **Originating:** First Southern State Bank
- **Servicing:** First Southern State Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*