# PPP loan: HOIST & CRANE SERVICE GROUP INC
> **$7.02M** approved 04/06/2020 · Paid in Full · Loan `6327047005`
## Borrower
- **Name:** HOIST & CRANE SERVICE GROUP INC
- **Address:** 4920 JEFFERSON HWY ATTN CHERYL BALLINGER, JEFFERSON, LA, 70121-3101
- **NAICS:** 561990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $7.02M
- **Initial approval:** $7.02M
- **Forgiven:** $7.10M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $7.02M
- **Jobs reported:** 459
## Lender
- **Originating:** IberiaBank, A Division of First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*