# PPP loan: HINAN CORPORATION
> **$376K** approved 04/15/2020 · Paid in Full · Loan `1528707202`
## Borrower
- **Name:** HINAN CORPORATION
- **Address:** 1827 CROSS SPRING DR, SUGAR LAND, TX, 77479
- **NAICS:** 812112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $376K
- **Initial approval:** $376K
- **Forgiven:** $380K (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $282K
- **Rent:** $76K
- **Mortgage interest:** $9K
- **Utilities:** $9K
- **Jobs reported:** 51
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*