# PPP loan: HOOBER INC
> **$3.96M** approved 04/10/2020 · Paid in Full · Loan `1529537103`
## Borrower
- **Name:** HOOBER INC
- **Address:** Old Philadelphia Pike P.O. Box 518, Intercourse, PA, 17534
- **NAICS:** 444210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.96M
- **Initial approval:** $3.96M
- **Forgiven:** $4.00M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.97M
- **Rent:** $495K
- **Utilities:** $495K
- **Jobs reported:** 264
## 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*