# PPP loan: HERKULES EQUIPMENT CORPORATION
> **$422K** approved 01/23/2021 · Paid in Full · Loan `5048898306`
## Borrower
- **Name:** HERKULES EQUIPMENT CORPORATION
- **Address:** 2760 Ridgeway Ct, Commerce Township, MI, 48390-1662
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $422K
- **Initial approval:** $422K
- **Forgiven:** $424K (100%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $422K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*