# PPP loan: HOFMANN ASSOCIATES, INC.
> **$155K** approved 04/27/2020 · Paid in Full · Loan `5284567209`
## Borrower
- **Name:** HOFMANN ASSOCIATES, INC.
- **Address:** 606 Baltimore Avenue Ste 102, Towson, MD, 21204
- **NAICS:** 541310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $156K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Jobs reported:** 8
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*