# PPP loan: HILL WOOD PRODUCTS INC. EMPLOYEE STOCK OWNERSHIP PLAN
> **$605K** approved 02/20/2021 · Paid in Full · Loan `2386618509`
## Borrower
- **Name:** HILL WOOD PRODUCTS INC. EMPLOYEE STOCK OWNERSHIP PLAN
- **Address:** 9483 Ashawa Rd, Cook, MN, 55723-8105
- **NAICS:** 321918
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $605K
- **Initial approval:** $605K
- **Forgiven:** $609K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $605K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Frandsen Bank & Trust
- **Servicing:** Frandsen Bank & Trust (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*