# PPP loan: HOFFMANN WATER SPORTS LLC
> **$446K** approved 02/22/2021 · Paid in Full · Loan `2988358500`
## Borrower
- **Name:** HOFFMANN WATER SPORTS LLC
- **Address:** 922 Windward Dr Ste 100, Marco Island, FL, 34145-2528
- **NAICS:** 532284
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $446K
- **Initial approval:** $446K
- **Forgiven:** $449K (101%)
- **Forgiveness date:** 11/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $446K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*