# PPP loan: HOCHBAUM MACHINE SERVICES
> **$311K** approved 05/01/2020 · Paid in Full · Loan `3128647709`
## Borrower
- **Name:** HOCHBAUM MACHINE SERVICES
- **Address:** 11 WOOD CT, HEBRON, IN, 46341
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $311K
- **Initial approval:** $311K
- **Forgiven:** $313K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $247K
- **Rent:** $10K
- **Utilities:** $16K
- **Health care:** $37K
- **Debt interest:** $677
- **Jobs reported:** 35
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*