# PPP loan: HOY ENTERPRISES LLC
> **$248K** approved 01/23/2021 · Paid in Full · Loan `4972228305`
## Borrower
- **Name:** HOY ENTERPRISES LLC
- **Address:** 378 S Branch Rd Bldg 5, Hillsborough, NJ, 08844-8207
- **NAICS:** 611699
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 12/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $248K
- **Utilities:** $1
- **Jobs reported:** 31
## 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*