# PPP loan: HALL DRIVE-INS INC
> **$2.59M** approved 04/07/2020 · Paid in Full · Loan `7032997005`
## Borrower
- **Name:** HALL DRIVE-INS INC
- **Address:** 216 STATE ROAD 930 W, NEW HAVEN, IN, 46774-2148
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.59M
- **Initial approval:** $2.59M
- **Forgiven:** $2.62M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.28M
- **Rent:** $32K
- **Mortgage interest:** $22K
- **Utilities:** $214K
- **Health care:** $41K
- **Jobs reported:** 490
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*