# PPP loan: HILLSBORO MATERIALS, LLC
> **$216K** approved 04/06/2020 · Paid in Full · Loan `6412347006`
## Borrower
- **Name:** HILLSBORO MATERIALS, LLC
- **Address:** 251 FM 3267, HILLSBORO, TX, 76645
- **NAICS:** 423320
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $216K
- **Initial approval:** $216K
- **Forgiven:** $217K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $162K
- **Utilities:** $54K
- **Jobs reported:** 23
## Lender
- **Originating:** The Citizens National Bank of Hillsboro
- **Servicing:** The Citizens National Bank of Hillsboro (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*