PPP Loan information for Highway machine co., inc.

$979,200

Highway machine co., inc. was initially approved for PPP Loan of amount $979,200, the current approved amount is $979,200. The loan was approved on 04/04/2020 by The German American Bank reported 81 jobs and $979,200 was used to fund payroll.

Highway machine co., inc. is Existing or more than 2 years old

PPP Loan Search / IN / PRINCETON / Highway machine co., inc.

HIGHWAY MACHINE CO., INC.

Date Approved

04/04/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

HIGHWAY MACHINE CO., INC.

Borrower Address

3010 S OLD US HIGHWAY 41

Borrower City

PRINCETON

Borrower State

IN

Borrower Zip

47670-9206

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

979200.00

Current Approval Amount

979200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRINCETON

Project County Name

GIBSON

Project State

IN

Project Zip

47670-9206

CD

IN-08

Jobs Reported

81

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

979200.00

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

Subchapter S Corporation

Originating Lender Location Id

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

984645.96

Forgiveness Date

11/03/2020

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