# PPP loan: USUALLY HIP INC.
> **$268K** approved 04/02/2021 · Exemption 4 · Loan `5598008705`
## Borrower
- **Name:** USUALLY HIP INC.
- **Address:** 1011 Pacific Ave, Santa Cruz, CA, 95060-4430
- **NAICS:** 722410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $268K
- **Initial approval:** $268K
- **Forgiven:** $167K (63%)
- **Forgiveness date:** 11/23/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $268K
- **Utilities:** $1
- **Jobs reported:** 60
## Lender
- **Originating:** Santa Cruz Community CU
- **Servicing:** Santa Cruz Community CU (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*