# PPP loan: HI-LINE COOPERATIVE, INC.
> **$1.14M** approved 04/04/2020 · Paid in Full · Loan `4848367003`
## Borrower
- **Name:** HI-LINE COOPERATIVE, INC.
- **Address:** 203 South Perkins Ave, ELSIE, NE, 69134-2028
- **NAICS:** 424910
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.14M
- **Forgiven:** $1.15M (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $994K
- **Utilities:** $50K
- **Health care:** $100K
- **Jobs reported:** 85
## Lender
- **Originating:** NebraskaLand Bank
- **Servicing:** NebraskaLand Bank (NE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*