# PPP loan: THE HR OFFICE INC.
> **$496K** approved 01/26/2021 · Exemption 4 · Loan `5951178309`
## Borrower
- **Name:** THE HR OFFICE INC.
- **Address:** 2437 Commercial Blvd Ste 1, State College, PA, 16801-7454
- **NAICS:** 561311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $496K
- **Initial approval:** $496K
- **Forgiven:** $478K (96%)
- **Forgiveness date:** 04/18/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $496K
- **Utilities:** $1
- **Jobs reported:** 239
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*