# PPP loan: BOYS & GIRLS CLUB OF HOBBS, NM, INC
> **$158K** approved 04/11/2020 · Paid in Full · Loan `2893697106`
## Borrower
- **Name:** BOYS & GIRLS CLUB OF HOBBS, NM, INC
- **Address:** 301 E BROADWAY ST, HOBBS, NM, 88240-8408
- **NAICS:** 624110
- **Business type:** Non-Profit Organization
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $158K
- **Initial approval:** $158K
- **Forgiven:** $159K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $153K
- **Utilities:** $4K
- **Jobs reported:** 40
## Lender
- **Originating:** Lea County State Bank
- **Servicing:** Lea County State Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*