# PPP loan: HOGSALT MANAGEMENT, INC.
> **$7.17M** approved 04/05/2020 · Paid in Full · Loan `5585517002`
## Borrower
- **Name:** HOGSALT MANAGEMENT, INC.
- **Address:** 936 W HURON ST, CHICAGO, IL, 60642-5914
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $7.17M
- **Initial approval:** $6.35M
- **Forgiven:** $7.32M (102%)
- **Forgiveness date:** 05/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $5.38M
- **Rent:** $1.08M
- **Utilities:** $717K
- **Jobs reported:** 500
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*