# PPP loan: HANNAY INVESTMENT PROPERTIES INC
> **$446K** approved 04/07/2020 · Paid in Full · Loan `7558577002`
## Borrower
- **Name:** HANNAY INVESTMENT PROPERTIES INC
- **Address:** 2999 N 44TH ST SUITE 400, PHOENIX, AZ, 85018-7201
- **NAICS:** 531390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $446K
- **Initial approval:** $446K
- **Forgiven:** $450K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $383K
- **Rent:** $45K
- **Utilities:** $18K
- **Jobs reported:** 30
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*