# PPP loan: HISPANIC VENTURES INC
> **$2.01M** approved 05/01/2020 · Paid in Full · Loan `4974137702`
## Borrower
- **Name:** HISPANIC VENTURES INC
- **Address:** 750 W CALIFORNIA AVE, ABSECON, NJ, 08201-9311
- **NAICS:** 238320
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $2.01M
- **Initial approval:** $2.01M
- **Forgiven:** $1.82M (90%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.01M
- **Jobs reported:** 183
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*