The US Bankruptcy Court gave an order to Gary L Rainsdon, Chapter 7 Trustee, to obtain DIP financing on an interim basis for Hoku Corporation on August 7, 2013. As per the order, the Trustee has been authorized to obtain a loan in the amount of up to $0.03 million from JH Kelly, LLC and Oregon Electric Construction, Inc. No interest will be charged if the payment is made on time. 6% interest is payable on unpaid amount.

Trustee sought to borrow money to cover security, utilities and related expenses until it obtains access to debtor's bank account. The proceeds will be used to make payroll for the security employees providing on-site security for Hoku Materials plant in Pocatello, Idaho. The final hearing is scheduled for August 27, 2013.