# PPP loan: HGI STORES & SERVICES INC
> **$1.00M** approved 08/07/2020 · Paid in Full · Loan `4928848208`
## Borrower
- **Name:** HGI STORES & SERVICES INC
- **Address:** 14515 Pennsylvania Ave, Hagerstown, MD, 21742-1670
- **NAICS:** 812990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.00M
- **Initial approval:** $1.00M
- **Forgiven:** $1.01M (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $750K
- **Utilities:** $250K
- **Jobs reported:** 67
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*