# PPP loan: HI TECH WIRE INC
> **$725K** approved 04/10/2020 · Paid in Full · Loan `1491157100`
## Borrower
- **Name:** HI TECH WIRE INC
- **Address:** 631 E. WASHINGTON ST, SAINT HENRY, OH, 45883-9683
- **NAICS:** 332999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $725K
- **Initial approval:** $725K
- **Forgiven:** $732K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $605K
- **Mortgage interest:** $60K
- **Utilities:** $60K
- **Jobs reported:** 64
## Lender
- **Originating:** Cincinnatus Savings & Loan Company
- **Servicing:** Cincinnatus Savings & Loan Company (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*