# PPP loan: HYDRODYNAMICS INTERNATIONAL INC
> **$296K** approved 04/28/2020 · Paid in Full · Loan `8851267203`
## Borrower
- **Name:** HYDRODYNAMICS INTERNATIONAL INC
- **Address:** 5711 ENTERPRISE DRIVE, LANSING, MI, 48911
- **NAICS:** 111419
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $296K
- **Initial approval:** $296K
- **Forgiven:** $300K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $237K
- **Rent:** $30K
- **Mortgage interest:** $30K
- **Jobs reported:** 12
## Lender
- **Originating:** Horizon Bank
- **Servicing:** Horizon Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*