# PPP loan: HOBBS + BLACK ASSOCIATES, INC.
> **$1.09M** approved 04/16/2020 · Paid in Full · Loan `2610477209`
## Borrower
- **Name:** HOBBS + BLACK ASSOCIATES, INC.
- **Address:** 100 North State Street, Ann Arbor, MI, 48104-1531
- **NAICS:** 541310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.09M
- **Initial approval:** $1.09M
- **Forgiven:** $1.08M (99%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.09M
- **Jobs reported:** 65
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*