# PPP loan: HEFNER MACHINE & TOOL, INC.
> **$415K** approved 08/05/2020 · Paid in Full · Loan `4200728204`
## Borrower
- **Name:** HEFNER MACHINE & TOOL, INC.
- **Address:** 3003 UNIONVILLE PIKE, HATFIELD, PA, 19440-1825
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $415K
- **Initial approval:** $415K
- **Forgiven:** $418K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $415K
- **Jobs reported:** 38
## Lender
- **Originating:** QNB Bank
- **Servicing:** QNB Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*