# PPP loan: HI-CRAFT ENGINEERING
> **$745K** approved 04/16/2020 · Exemption 4 · Loan `2758097209`
## Borrower
- **Name:** HI-CRAFT ENGINEERING
- **Address:** 33105 Kelly Rd, A, FRASER, MI, 48026-4212
- **NAICS:** 333514
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $745K
- **Initial approval:** $745K
- **Forgiven:** $631K (85%)
- **Forgiveness date:** 09/20/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $745K
- **Jobs reported:** 78
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*