# PPP loan: IPPOLITO'S INC
> **$202K** approved 04/09/2020 · Paid in Full · Loan `9227727004`
## Borrower
- **Name:** IPPOLITO'S INC
- **Address:** 6623 ROSWELL ROAD, ATLANTA, GA, 30328-3103
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $202K
- **Initial approval:** $202K
- **Forgiven:** $204K (101%)
- **Forgiveness date:** 01/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $152K
- **Rent:** $51K
- **Jobs reported:** 42
## Lender
- **Originating:** Heritage Bank, A Division of The First Bank
- **Servicing:** The First Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*