# PPP loan: H & E CUTTER GRINDING, INC.
> **$506K** approved 04/10/2020 · Paid in Full · Loan `1460657105`
## Borrower
- **Name:** H & E CUTTER GRINDING, INC.
- **Address:** 6251 INDUSTRIAL AVE N., CONNERSVILLE, IN, 47331-7729
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $506K
- **Initial approval:** $506K
- **Forgiven:** $510K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $506K
- **Jobs reported:** 37
## Lender
- **Originating:** FCN Bank, National Association
- **Servicing:** FCN Bank, National Association (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*