PPP Loan information for Hi-lite machine company

$86,380

Hi-lite machine company was initially approved for PPP Loan of amount $86,380, the current approved amount is $86,380. The loan was approved on 04/07/2020 by The Oostburg State Bank reported 8 jobs and $86,380 was used to fund payroll.

Hi-lite machine company is New Business or 2 years or less

PPP Loan Search / WI / SHEBOYGAN / Hi-lite machine company

HI-LITE MACHINE COMPANY

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

HI-LITE MACHINE COMPANY

Borrower Address

2014 N 44th Street

Borrower City

SHEBOYGAN

Borrower State

WI

Borrower Zip

53083-3425

Loan Status Date

11/14/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86380.00

Current Approval Amount

86380.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76638

Servicing Lender Name

Oostburg State Bank

Servicing Lender Address

905 Center Ave

Servicing Lender City

OOSTBURG

Servicing Lender State

WI

Servicing Lender Zip

53070-1354

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SHEBOYGAN

Project County Name

SHEBOYGAN

Project State

WI

Project Zip

53083-3425

CD

WI-06

Jobs Reported

8

NAICS Code

333249

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

74380.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

76638

Originating Lender

Oostburg State Bank

Originating Lender City

OOSTBURG

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

78775.12

Forgiveness Date

10/16/2020

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