# PPP loan: HIBCO PLASTICS INC
> **$484K** approved 04/14/2020 · Paid in Full · Loan `6730307109`
## Borrower
- **Name:** HIBCO PLASTICS INC
- **Address:** 1820 US 601 HWY S, YADKINVILLE, NC, 27055-6347
- **NAICS:** 326199
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $484K
- **Initial approval:** $484K
- **Forgiven:** $489K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $484K
- **Jobs reported:** 43
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*