# PPP loan: HBG DESIGN INC.
> **$1.81M** approved 01/27/2021 · Paid in Full · Loan `6559858301`
## Borrower
- **Name:** HBG DESIGN INC.
- **Address:** 40 S Main St Ste 2300, Memphis, TN, 38103-5523
- **NAICS:** 541310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.81M
- **Initial approval:** $1.81M
- **Forgiven:** $1.83M (101%)
- **Forgiveness date:** 12/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.81M
- **Utilities:** $1
- **Jobs reported:** 83
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*