# PPP loan: HANKINS, INC
> **$1.69M** approved 04/05/2020 · Paid in Full · Loan `5490797002`
## Borrower
- **Name:** HANKINS, INC
- **Address:** 15881 HIGHWAY 4 E, RIPLEY, MS, 38663-7330
- **NAICS:** 321113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.69M
- **Initial approval:** $1.69M
- **Forgiven:** $1.71M (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.36M
- **Mortgage interest:** $169K
- **Utilities:** $169K
- **Jobs reported:** 110
## Lender
- **Originating:** The Peoples Bank
- **Servicing:** The Peoples Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*