# PPP loan: HIP PROJECTS, LLC
> **$198K** approved 04/27/2020 · Paid in Full · Loan `4480757210`
## Borrower
- **Name:** HIP PROJECTS, LLC
- **Address:** 226 SPECTRUM AVE, GAITHERSBURG, MD, 20879
- **NAICS:** 531311
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Jobs reported:** 18
## Lender
- **Originating:** EagleBank
- **Servicing:** EagleBank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*