# PPP loan: HIE PETOSKEY OPERATING INC
> **$244K** approved 01/19/2021 · Paid in Full · Loan `1607888302`
## Borrower
- **Name:** HIE PETOSKEY OPERATING INC
- **Address:** 1751 US Highway 131, Petoskey, MI, 49770-8374
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 08/31/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $244K
- **Utilities:** $1
- **Jobs reported:** 51
## Lender
- **Originating:** First Community Bank
- **Servicing:** First Community Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*