# PPP loan: HOBBS & ASSOCIATES, INC.
> **$1.65M** approved 04/08/2020 · Paid in Full · Loan `7738327005`
## Borrower
- **Name:** HOBBS & ASSOCIATES, INC.
- **Address:** 4850 BROOKSIDE CT, NORFOLK, VA, 23502-2052
- **NAICS:** 333415
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.65M
- **Initial approval:** $1.65M
- **Forgiven:** $1.66M (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.65M
- **Jobs reported:** 104
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*