# PPP loan: BPI INC.
> **$524K** approved 02/10/2021 · Paid in Full · Loan `6052378409`
## Borrower
- **Name:** BPI INC.
- **Address:** 575 Deerfield Dr, Winfield, WV, 25213-7362
- **NAICS:** 237130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $524K
- **Initial approval:** $524K
- **Forgiven:** $528K (101%)
- **Forgiveness date:** 11/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $524K
- **Utilities:** $1
- **Jobs reported:** 33
## Lender
- **Originating:** Hometown Bank of Corbin, Inc. d/b/a Hometown Bank
- **Servicing:** Hometown Bank of Corbin, Inc. d/b/a Hometown Bank (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*