# PPP loan: HOBBS RENTAL CORPORATION
> **$557K** approved 04/08/2020 · Paid in Full · Loan `7838947000`
## Borrower
- **Name:** HOBBS RENTAL CORPORATION
- **Address:** 3435 PO BOX, HOBBS, NM, 88241-3435
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $557K
- **Initial approval:** $557K
- **Forgiven:** $561K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $557K
- **Jobs reported:** 42
## Lender
- **Originating:** CrossFirst Bank
- **Servicing:** CrossFirst Bank (KS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*