# PPP loan: EHC INDUSTRIES, INC
> **$2.02M** approved 04/07/2020 · Paid in Full · Loan `7634747008`
## Borrower
- **Name:** EHC INDUSTRIES, INC
- **Address:** 366 HOLLOW HILL RD, WAUCONDA, IL, 60084-3301
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $2.02M
- **Initial approval:** $2.02M
- **Forgiven:** $2.04M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.62M
- **Rent:** $202K
- **Mortgage interest:** $101K
- **Utilities:** $101K
- **Jobs reported:** 80
## Lender
- **Originating:** Cornerstone National Bank & Trust Company
- **Servicing:** Cornerstone National Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*