# PPP loan: HOPEWELL INC.
> **$1.59M** approved 04/14/2020 · Paid in Full · Loan `7109967104`
## Borrower
- **Name:** HOPEWELL INC.
- **Address:** 3 ALLIED DR #308, DEDHAM, MA, 02026-6122
- **NAICS:** 623990
- **Business type:** Non-Profit Childcare Center
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.59M
- **Initial approval:** $1.59M
- **Forgiven:** $1.60M (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.20M
- **Rent:** $399K
- **Jobs reported:** 137
## Lender
- **Originating:** Leader Bank, National Association
- **Servicing:** Leader Bank, National Association (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*