# PPP loan: HMS INSURANCE ASSOCIATES INC
> **$3.75M** approved 04/10/2020 · Paid in Full · Loan `1320297102`
## Borrower
- **Name:** HMS INSURANCE ASSOCIATES INC
- **Address:** 20 Wight Ave Suite 300, Cockeysville, MD, 21030-1375
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.75M
- **Initial approval:** $3.75M
- **Forgiven:** $3.80M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.82M
- **Rent:** $469K
- **Utilities:** $469K
- **Jobs reported:** 251
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*