# PPP loan: HI NO. 2 LLC
> **$188K** approved 01/29/2021 · Charged Off · Loan `8460218307`
## Borrower
- **Name:** HI NO. 2 LLC
- **Address:** 214 N Linn St, Iowa City, IA, 52245-2149
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $169K (90%)
- **Forgiveness date:** 04/28/2022
- **Status:** Charged Off
- **Term:** 31 months
## Use of funds
- **Payroll:** $188K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** Hills Bank and Trust Company
- **Servicing:** Hills Bank and Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*