# PPP loan: HOBGOOD HOSPITALITY INC
> **$245K** approved 01/25/2021 · Paid in Full · Loan `5602988307`
## Borrower
- **Name:** HOBGOOD HOSPITALITY INC
- **Address:** 220 Wolfe St, Raleigh, NC, 27601-1824
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 09/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $245K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*