# PPP loan: HERDRICH PETROLEUM CORP
> **$1.05M** approved 04/07/2020 · Paid in Full · Loan `7126327004`
## Borrower
- **Name:** HERDRICH PETROLEUM CORP
- **Address:** 210 E US Highway 52 Ste E, RUSHVILLE, IN, 46173-8002
- **NAICS:** 424710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.05M
- **Initial approval:** $1.05M
- **Forgiven:** $1.06M (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.05M
- **Jobs reported:** 260
## Lender
- **Originating:** First Financial Bank
- **Servicing:** First Financial Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*