# PPP loan: HAMCO INC.
> **$1.08M** approved 04/07/2020 · Paid in Full · Loan `7227647005`
## Borrower
- **Name:** HAMCO INC.
- **Address:** 300 VILLAGE GRN Ste 200, LINCOLNSHIRE, IL, 60069-3056
- **NAICS:** 722310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.08M
- **Initial approval:** $1.08M
- **Forgiven:** $1.09M (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $813K
- **Mortgage interest:** $163K
- **Utilities:** $108K
- **Jobs reported:** 67
## Lender
- **Originating:** Barrington Bank & Trust Company, National Association
- **Servicing:** Barrington Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*