# PPP loan: UHP PROJECTS, INC
> **$382K** approved 04/10/2020 · Paid in Full · Loan `1594757106`
## Borrower
- **Name:** UHP PROJECTS, INC
- **Address:** 4811 MERCANTILE DR, NEWPORT NEWS, VA, 23607-2231
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $382K
- **Initial approval:** $382K
- **Forgiven:** $385K (101%)
- **Forgiveness date:** 12/14/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $370K
- **Rent:** $10K
- **Utilities:** $3K
- **Jobs reported:** 35
## Lender
- **Originating:** The Old Point National Bank of Phoebus
- **Servicing:** The Old Point National Bank of Phoebus (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*