# PPP loan: B.W. HOVERMILL COMPANY INC
> **$458K** approved 04/03/2021 · Paid in Full · Loan `6232478706`
## Borrower
- **Name:** B.W. HOVERMILL COMPANY INC
- **Address:** 1321 Mercedes Dr Ste O, Hanover, MD, 21076-3154
- **NAICS:** 238330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $458K
- **Initial approval:** $458K
- **Forgiven:** $462K (101%)
- **Forgiveness date:** 01/31/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $458K
- **Utilities:** $1
- **Jobs reported:** 29
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*