# PPP loan: HPS PALO ALTO INC
> **$327K** approved 04/29/2020 · Paid in Full · Loan `3992357305`
## Borrower
- **Name:** HPS PALO ALTO INC
- **Address:** 1178 Los Altos Ave, LOS ALTOS, CA, 94022-1020
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $327K
- **Initial approval:** $327K
- **Forgiven:** $329K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $327K
- **Jobs reported:** 28
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*