# PPP loan: HIGHWAY MATERIALS INC
> **$247K** approved 04/12/2020 · Paid in Full · Loan `4117377100`
## Borrower
- **Name:** HIGHWAY MATERIALS INC
- **Address:** 5120 OLD DIXIE HIGHWAY, FOREST PARK, GA, 30297
- **NAICS:** 324121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $249K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $185K
- **Rent:** $62K
- **Jobs reported:** 16
## Lender
- **Originating:** Heritage Bank, A Division of The First Bank
- **Servicing:** The First Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*