# PPP loan: HOMESPIRE MORTGAGE CORPORATION
> **$4.17M** approved 04/16/2020 · Paid in Full · Loan `2948117203`
## Borrower
- **Name:** HOMESPIRE MORTGAGE CORPORATION
- **Address:** 5711 Washingtonian Blvd Suite 500, Gaithersburg, MD, 20878
- **NAICS:** 522292
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.17M
- **Initial approval:** $4.17M
- **Forgiven:** $4.25M (102%)
- **Forgiveness date:** 01/28/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.17M
- **Jobs reported:** 323
## Lender
- **Originating:** Flagstar Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*