# PPP loan: HAGG PRESS INC
> **$562K** approved 04/07/2020 · Paid in Full · Loan `6758447009`
## Borrower
- **Name:** HAGG PRESS INC
- **Address:** 1165 JANSEN FARM CT, ELGIN, IL, 60123-2595
- **NAICS:** 323111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $562K
- **Initial approval:** $562K
- **Forgiven:** $568K (101%)
- **Forgiveness date:** 06/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $449K
- **Mortgage interest:** $12K
- **Utilities:** $100K
- **Jobs reported:** 59
## Lender
- **Originating:** First Secure Community Bank
- **Servicing:** First Secure Community Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*