PPP Loan information for Heals inc

$117,043

Heals inc was initially approved for PPP Loan of amount $117,043, the current approved amount is $117,043. The loan was approved on 03/05/2021 by The First Horizon Bank reported 16 jobs and $117,043 was used to fund payroll.

Heals inc is Existing or more than 2 years old

HEALS INC

Date Approved

03/05/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

HEALS INC

Borrower Address

515 Sparkman Dr NW

Borrower City

Huntsville

Borrower State

AL

Borrower Zip

35816-3417

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

117042.50

Current Approval Amount

117042.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Huntsville

Project County Name

MADISON

Project State

AL

Project Zip

35816-3417

CD

AL-05

Jobs Reported

16

NAICS Code

621498

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

117038.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

117601.70

Forgiveness Date

09/07/2021

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