PPP Loan information for Hill machinery co.

$820,000

Hill machinery co. was initially approved for PPP Loan of amount $820,000, the current approved amount is $820,000. The loan was approved on 04/15/2020 by The Fifth Third Bank reported 50 jobs and $820,000 was used to fund payroll.

Hill machinery co. is Existing or more than 2 years old

HILL MACHINERY CO.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

HILL MACHINERY CO.

Borrower Address

4585 DANVERS DR SE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49512

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

820000.00

Current Approval Amount

820000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49512-0001

CD

MI-03

Jobs Reported

50

NAICS Code

333514

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

820000.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

826878.89

Forgiveness Date

02/23/2021

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