# PPP loan: HUGHES SERVICES, INC.
> **$1.22M** approved 04/05/2020 · Paid in Full · Loan `5448617001`
## Borrower
- **Name:** HUGHES SERVICES, INC.
- **Address:** 327 W. EXCHANGE ST, FREEPORT, IL, 61032-4110
- **NAICS:** 561312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.22M
- **Forgiven:** $1.23M (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $913K
- **Rent:** $152K
- **Utilities:** $152K
- **Jobs reported:** 194
## Lender
- **Originating:** State Bank
- **Servicing:** State Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*