# PPP loan: HOOVER COMMERCIAL REFRIGERATION, INC
> **$500K** approved 04/13/2020 · Paid in Full · Loan `5422697103`
## Borrower
- **Name:** HOOVER COMMERCIAL REFRIGERATION, INC
- **Address:** 3302 CEDARDALE RD STE C300, MOUNT VERNON, WA, 98274-8607
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $504K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $500K
- **Jobs reported:** 27
## Lender
- **Originating:** Coastal Community Bank
- **Servicing:** Coastal Community Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*