# PPP loan: H & E HOLDINGS CORPORATION
> **$177K** approved 04/05/2020 · Paid in Full · Loan `5187487000`
## Borrower
- **Name:** H & E HOLDINGS CORPORATION
- **Address:** 6451 Partners Ave, MARION, IA, 52302-4867
- **NAICS:** 333517
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $178K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $142K
- **Rent:** $27K
- **Utilities:** $9K
- **Jobs reported:** 15
## Lender
- **Originating:** Farmers and Merchants Savings Bank
- **Servicing:** Farmers & Merchants Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*