# PPP loan: HOPPER ENGINEERING ASSOCIATES INC
> **$606K** approved 04/28/2020 · Paid in Full · Loan `9976957207`
## Borrower
- **Name:** HOPPER ENGINEERING ASSOCIATES INC
- **Address:** 300 VISTA DEL MAR, REDONDO BEACH, CA, 90277-5845
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $606K
- **Initial approval:** $606K
- **Forgiven:** $612K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $597K
- **Rent:** $8K
- **Utilities:** $1K
- **Jobs reported:** 31
## Lender
- **Originating:** Malaga Bank FSB
- **Servicing:** Malaga Bank FSB (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*