PPP Loan information for Highland machinery corporation

$792,200

Highland machinery corporation was initially approved for PPP Loan of amount $792,200, the current approved amount is $792,200. The loan was approved on 02/25/2021 by The First Community Bank reported 46 jobs and $792,200 was used to fund payroll.

Highland machinery corporation is Existing or more than 2 years old

HIGHLAND MACHINERY CORPORATION

Date Approved

02/25/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

HIGHLAND MACHINERY CORPORATION

Borrower Address

40 Lamplighter St

Borrower City

Oak Hill

Borrower State

WV

Borrower Zip

25901-9512

Loan Status Date

07/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

792200.00

Current Approval Amount

792200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75351

Servicing Lender Name

First Community Bank

Servicing Lender Address

29 College Dr

Servicing Lender City

BLUEFIELD

Servicing Lender State

VA

Servicing Lender Zip

24605-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Oak Hill

Project County Name

FAYETTE

Project State

WV

Project Zip

25901-9512

CD

WV-01

Jobs Reported

46

NAICS Code

333111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

792194.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

75351

Originating Lender

First Community Bank

Originating Lender City

BLUEFIELD

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

802270.71

Forgiveness Date

06/09/2022

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