# PPP loan: BOCKHORN AG INC.
> **$449K** approved 04/15/2020 · Paid in Full · Loan `9787177101`
## Borrower
- **Name:** BOCKHORN AG INC.
- **Address:** 10720 BLAIR RD, SPARTA, IL, 62286-3803
- **NAICS:** 325320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $449K
- **Initial approval:** $449K
- **Forgiven:** $454K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $439K
- **Utilities:** $10K
- **Jobs reported:** 15
## Lender
- **Originating:** First National Bank of Steeleville
- **Servicing:** First National Bank of Steeleville (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*