# PPP loan: 5-ELEVEN HOOPS
> **$180K** approved 06/15/2020 · Paid in Full · Loan `5498217901`
## Borrower
- **Name:** 5-ELEVEN HOOPS
- **Address:** 7906 East Tarma Street, Long Beach, CA, 90808-3140
- **NAICS:** 611620
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $200K
- **Forgiven:** $183K (102%)
- **Forgiveness date:** 04/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $180K
- **Jobs reported:** 12
## Lender
- **Originating:** Fountainhead SBF LLC
- **Servicing:** Fountainhead SBF LLC (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*