# PPP loan: HENDERSON SEWING MACHINE COMPANY, INC.
> **$258K** approved 04/06/2020 · Paid in Full · Loan `6410167007`
## Borrower
- **Name:** HENDERSON SEWING MACHINE COMPANY, INC.
- **Address:** 1 Waits Dr, ANDALUSIA, AL, 36421-2481
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $258K
- **Initial approval:** $258K
- **Forgiven:** $262K (101%)
- **Forgiveness date:** 08/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $194K
- **Rent:** $32K
- **Utilities:** $32K
- **Jobs reported:** 30
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*