# PPP loan: HANCOCK RESOURCE CENTER
> **$158K** approved 04/27/2020 · Paid in Full · Loan `3561607208`
## Borrower
- **Name:** HANCOCK RESOURCE CENTER
- **Address:** 454 HIGHWAY 90, WAVELAND, MS, 39576-2557
- **NAICS:** 541612
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $158K
- **Initial approval:** $158K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $140K
- **Rent:** $12K
- **Utilities:** $6K
- **Jobs reported:** 14
## Lender
- **Originating:** The First Bank
- **Servicing:** The First Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*