# PPP loan: H.O.P.E. INC.
> **$160K** approved 04/07/2020 · Paid in Full · Loan `7347047007`
## Borrower
- **Name:** H.O.P.E. INC.
- **Address:** 3850 MERLE HAY RD ste 504, DES MOINES, IA, 50310-1300
- **NAICS:** 531110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Jobs reported:** 39
## Lender
- **Originating:** West Bank
- **Servicing:** West Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*