# PPP loan: HANSEN PROPERTIES, INC.
> **$2.27M** approved 04/13/2020 · Paid in Full · Loan `5541847103`
## Borrower
- **Name:** HANSEN PROPERTIES, INC.
- **Address:** 1401 Morris Rd, Blue Bell, PA, 19422-1424
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.27M
- **Initial approval:** $2.27M
- **Forgiven:** $2.30M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.70M
- **Utilities:** $568K
- **Jobs reported:** 152
## 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*