# PPP loan: THOMPSON/HANSON, INC.
> **$1.55M** approved 04/04/2020 · Paid in Full · Loan `4881507010`
## Borrower
- **Name:** THOMPSON/HANSON, INC.
- **Address:** 1301 N. 1ST ST, BELLAIRE, TX, 77401-6001
- **NAICS:** 541690
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.55M
- **Initial approval:** $1.55M
- **Forgiven:** $1.57M (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.16M
- **Mortgage interest:** $193K
- **Utilities:** $193K
- **Jobs reported:** 176
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*