# PPP loan: HORWEEN LEATHER COMPANY
> **$1.52M** approved 05/01/2020 · Paid in Full · Loan `1537577703`
## Borrower
- **Name:** HORWEEN LEATHER COMPANY
- **Address:** 2015 Elston Avenue, Chicago, IL, 60614
- **NAICS:** 316110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.52M
- **Initial approval:** $1.52M
- **Forgiven:** $1.54M (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.29M
- **Health care:** $230K
- **Jobs reported:** 132
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*