# PPP loan: HIGH PEAK SPORTSWEAR INC
> **$297K** approved 04/07/2020 · Paid in Full · Loan `6597537010`
## Borrower
- **Name:** HIGH PEAK SPORTSWEAR INC
- **Address:** 2323 Memorial Avenue Suite 17, LYNCHBURG, VA, 24501-2600
- **NAICS:** 323113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $297K
- **Initial approval:** $297K
- **Forgiven:** $225K (76%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $247K
- **Rent:** $33K
- **Utilities:** $18K
- **Jobs reported:** 45
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*