# PPP loan: HIGHLANDER EQUIPMENT COMPANY
> **$489K** approved 04/27/2020 · Paid in Full · Loan `4052447204`
## Borrower
- **Name:** HIGHLANDER EQUIPMENT COMPANY
- **Address:** 110 Clyde Rd, Somerset, NJ, 08873
- **NAICS:** 423810
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $489K
- **Initial approval:** $489K
- **Forgiven:** $494K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $489K
- **Jobs reported:** 10
## Lender
- **Originating:** Peapack-Gladstone Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*