# PPP loan: HECO INC
> **$876K** approved 04/04/2020 · Paid in Full · Loan `5018107001`
## Borrower
- **Name:** HECO INC
- **Address:** 3509 S BURDICK ST, KALAMAZOO, MI, 49001-4835
- **NAICS:** 335312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $876K
- **Initial approval:** $876K
- **Forgiven:** $881K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Rent:** $876K
- **Jobs reported:** 56
## Lender
- **Originating:** First National Bank of Michigan
- **Servicing:** First National Bank of Michigan (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*