# PPP loan: H N C PRODUCTS INC
> **$196K** approved 07/29/2020 · Paid in Full · Loan `1170638206`
## Borrower
- **Name:** H N C PRODUCTS INC
- **Address:** 1619 Commerce Parkway, BLOOMINGTON, IL, 61704-9608
- **NAICS:** 325620
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $147K
- **Rent:** $49K
- **Jobs reported:** 18
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*