# PPP loan: HANSEN PLASTICS CORPORATION
> **$1.41M** approved 04/08/2020 · Paid in Full · Loan `8478727004`
## Borrower
- **Name:** HANSEN PLASTICS CORPORATION
- **Address:** 2758 Alft Lane, ELGIN, IL, 60124-7899
- **NAICS:** 326199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.41M
- **Initial approval:** $1.50M
- **Forgiven:** $1.42M (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.41M
- **Jobs reported:** 138
## Lender
- **Originating:** First American Bank
- **Servicing:** First American Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*