# PPP loan: HOVEY ENERGY
> **$330K** approved 05/12/2020 · Paid in Full · Loan `5455167409`
## Borrower
- **Name:** HOVEY ENERGY
- **Address:** 4000 North Lincoln Avenue 2nd Floor, Chicago, IL, 60618
- **NAICS:** 531120
- **Business type:** Partnership
- **Business age:** Unanswered
## Loan
- **Approval amount:** $330K
- **Initial approval:** $330K
- **Forgiven:** $333K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $330K
- **Jobs reported:** 35
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*