# PPP loan: N & W HORIZONAL BORING CO
> **$152K** approved 05/27/2020 · Paid in Full · Loan `3995757803`
## Borrower
- **Name:** N & W HORIZONAL BORING CO
- **Address:** 8100 SUMMERFIELD RD, MASCOUTAH, IL, 62258-3010
- **NAICS:** 333111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $118K
- **Rent:** $6K
- **Utilities:** $2K
- **Health care:** $24K
- **Debt interest:** $2K
- **Jobs reported:** 5
## Lender
- **Originating:** FCB Banks
- **Servicing:** FCB Banks (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*