# PPP loan: HAGERSTOWN BLOCK COMPANY
> **$318K** approved 04/10/2020 · Paid in Full · Loan `1490427107`
## Borrower
- **Name:** HAGERSTOWN BLOCK COMPANY
- **Address:** 860 Oak St., Hagerstown, MD, 21740-6470
- **NAICS:** 327331
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $318K
- **Initial approval:** $318K
- **Forgiven:** $320K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $238K
- **Mortgage interest:** $40K
- **Utilities:** $39K
- **Jobs reported:** 22
## 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*