PPP Loan information for Highland machinery inc

$792,200

Highland machinery inc was initially approved for PPP Loan of amount $792,200, the current approved amount is $792,200. The loan was approved on 04/14/2020 by The First Community Bank reported 57 jobs and $792,200 was used to fund payroll.

Highland machinery inc is Existing or more than 2 years old

HIGHLAND MACHINERY INC

Date Approved

04/14/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

HIGHLAND MACHINERY INC

Borrower Address

40 Lamplighter Road

Borrower City

Oak Hill

Borrower State

WV

Borrower Zip

25901

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

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

Y

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

25901-0001

CD

WV-01

Jobs Reported

57

NAICS Code

213113

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

23766.00

Payroll Proceed

736746.00

Mortgage Interest Proceed

31688.00

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

801011.87

Forgiveness Date

06/02/2021

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