# PPP loan: HBW PROPERTIES, INC.
> **$2.22M** approved 04/07/2020 · Paid in Full · Loan `7373327001`
## Borrower
- **Name:** HBW PROPERTIES, INC.
- **Address:** 1055 First Street Suite 200, ROCKVILLE, MD, 20850-1416
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.22M
- **Initial approval:** $2.22M
- **Forgiven:** $1.65M (74%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.22M
- **Jobs reported:** 127
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*