# PPP loan: HBP INC.
> **$178K** approved 01/28/2021 · Paid in Full · Loan `7860268305`
## Borrower
- **Name:** HBP INC.
- **Address:** 107 N Henderson Rd, Freeport, IL, 61032-3335
- **NAICS:** 325212
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $179K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $178K
- **Jobs reported:** 35
## Lender
- **Originating:** State Bank
- **Servicing:** State Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*