# PPP loan: HONEY GROVE EDUCATIONAL CENTER INC.
> **$541K** approved 02/10/2021 · Paid in Full · Loan `6233888408`
## Borrower
- **Name:** HONEY GROVE EDUCATIONAL CENTER INC.
- **Address:** 4990 N 500 W, Bargersville, IN, 46106-9752
- **NAICS:** 624410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $541K
- **Initial approval:** $541K
- **Forgiven:** $544K (101%)
- **Forgiveness date:** 09/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $541K
- **Jobs reported:** 151
## Lender
- **Originating:** Merchants Bank of Indiana
- **Servicing:** Merchants Bank of Indiana (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*