# PPP loan: HORIZON ENERGY ASSOCIATES INC
> **$1.61M** approved 04/10/2020 · Paid in Full · Loan `1711137108`
## Borrower
- **Name:** HORIZON ENERGY ASSOCIATES INC
- **Address:** 800 Veterans Memorial Highway, HAUPPAUGE, NY, 11788-0001
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.61M
- **Initial approval:** $1.61M
- **Forgiven:** $1.62M (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.29M
- **Rent:** $322K
- **Jobs reported:** 90
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*