# PPP loan: HOPE HEALTH SYSTEMS, INC
> **$1.72M** approved 04/14/2020 · Paid in Full · Loan `7707727102`
## Borrower
- **Name:** HOPE HEALTH SYSTEMS, INC
- **Address:** 6707 Whitestone Road Suite 106, Woodlawn, MD, 21207
- **NAICS:** 621420
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.72M
- **Initial approval:** $1.94M
- **Forgiven:** $1.74M (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.52M
- **Rent:** $43K
- **Mortgage interest:** $32K
- **Utilities:** $42K
- **Health care:** $80K
- **Jobs reported:** 176
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*