# PPP loan: HOBBY-Q, INC.
> **$237K** approved 04/13/2020 · Paid in Full · Loan `4968747102`
## Borrower
- **Name:** HOBBY-Q, INC.
- **Address:** 9062 Teasley Ln, Denton, TX, 76210-4010
- **NAICS:** 331529
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $201K
- **Rent:** $6K
- **Mortgage interest:** $22K
- **Utilities:** $8K
- **Jobs reported:** 51
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*