# PPP loan: HORMAN ENTERPRISES LTD
> **$323K** approved 04/27/2020 · Paid in Full · Loan `5849127204`
## Borrower
- **Name:** HORMAN ENTERPRISES LTD
- **Address:** 110 West Road Suite 218, Towson, MD, 21204
- **NAICS:** 561720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $323K
- **Initial approval:** $323K
- **Forgiven:** $325K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $323K
- **Jobs reported:** 30
## Lender
- **Originating:** Rosedale Federal Savings & Loan Association
- **Servicing:** Rosedale Federal Savings & Loan Association (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*