Hoover Foods INC

$2,207,750 PPP Loan in Suwanee, Georgia

Loan Details

Loan Number
8692327003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$2,207,750
Current Approval
$2,207,750
Forgiveness Amount
$2,237,984
Forgiveness Date
Sep 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hoover Foods INC
Address
4030 Johns Creek Pkwy
State
Georgia
ZIP Code
30024-1254
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Wendy's
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$88.8M
Rural/Urban
Urban
Congressional District
GA-06

Loan Use Breakdown

Payroll
$1,766,200
Rent
$350,000
Utilities
$91,550

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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