# PPP loan: H.P.W. SPECIALTIES, INC
> **$402K** approved 04/10/2020 · Paid in Full · Loan `2541387103`
## Borrower
- **Name:** H.P.W. SPECIALTIES, INC
- **Address:** 2618 FORREST AVE, GADSDEN, AL, 35904-1950
- **NAICS:** 424690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $402K
- **Initial approval:** $402K
- **Forgiven:** $406K (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $355K
- **Rent:** $24K
- **Utilities:** $23K
- **Jobs reported:** 44
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Cadence Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*