# PPP loan: HOBBS ENTERPRISES
> **$329K** approved 04/28/2020 · Paid in Full · Loan `6425857201`
## Borrower
- **Name:** HOBBS ENTERPRISES
- **Address:** 4398 Turkey Point Road, Viola, DE, 19979
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $329K
- **Initial approval:** $329K
- **Forgiven:** $332K (101%)
- **Forgiveness date:** 04/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $300K
- **Utilities:** $1K
- **Health care:** $27K
- **Debt interest:** $700
- **Jobs reported:** 25
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*