# PPP loan: PERFECTION HYDRAULICS INC
> **$1.08M** approved 02/03/2021 · Paid in Full · Loan `2469598402`
## Borrower
- **Name:** PERFECTION HYDRAULICS INC
- **Address:** 2220 Perfection Ct, Evansville, IN, 47711-7911
- **NAICS:** 333996
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.08M
- **Initial approval:** $1.08M
- **Forgiven:** $968K (90%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.08M
- **Utilities:** $1
- **Jobs reported:** 68
## Lender
- **Originating:** German American Bank
- **Servicing:** German American Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*