# PPP loan: HYQUALITY ALLOYS LLC
> **$165K** approved 04/12/2020 · Paid in Full · Loan `3975947107`
## Borrower
- **Name:** HYQUALITY ALLOYS LLC
- **Address:** 32703 Tamina Road, MAGNOLIA, TX, 77354-2270
- **NAICS:** 423510
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $124K
- **Mortgage interest:** $25K
- **Utilities:** $17K
- **Jobs reported:** 5
## Lender
- **Originating:** Hinsdale Bank & Trust Company, National Association
- **Servicing:** Hinsdale Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*