# PPP loan: H & R MACHINE, INC.
> **$504K** approved 04/15/2020 · Paid in Full · Loan `1034697201`
## Borrower
- **Name:** H & R MACHINE, INC.
- **Address:** 2689 W HIGHWAY 290, GIDDINGS, TX, 78942-9281
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $504K
- **Initial approval:** $504K
- **Forgiven:** $509K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $504K
- **Jobs reported:** 35
## Lender
- **Originating:** First National Bank of Giddings
- **Servicing:** First National Bank of Giddings (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*