# PPP loan: HOCKENBERG-RUBIN COMPANY INC
> **$589K** approved 04/03/2020 · Paid in Full · Loan `4431277005`
## Borrower
- **Name:** HOCKENBERG-RUBIN COMPANY INC
- **Address:** 1400 NW 100th St, CLIVE, IA, 50325-6734
- **NAICS:** 561990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $589K
- **Initial approval:** $589K
- **Forgiven:** $593K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $552K
- **Rent:** $26K
- **Utilities:** $5K
- **Health care:** $7K
- **Jobs reported:** 45
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*