HOBBS ENTERPRISES (DE) - 2020 PPP Loan Borrower Profile (# 6425857201)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to HOBBS ENTERPRISES. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Delaware.

Loan Detail

Loan Number
6425857201
SBA Office Code
0341
Processing Method
PPP
Curent Loan Amount
$328,800
Date Loan was Approved
Apr 28, 2020
Amount Forgiven
$332,042.96
Date Loan was Forgiven
Apr 27, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
1,300
Payroll Proced
299,800
Mortgage Interest Proceed
0
Rent Proceed
0
Refinance EIDL Proceed
0
Health Care Proceed
27,000
Debt Interest Proceed
700
Lender
Manufacturers and Traders Trust Company

Business Detail

Business Type
Corporation
NAICS
484121
Borrower Location
Viola, DE
Project Location
Viola, DE
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
25
Business Age Description
Existing or more than 2 years old
Data Source: SBA.