# PPP loan: HIGH POINT CONTRACTING INC
> **$309K** approved 04/27/2020 · Paid in Full · Loan `5719087207`
## Borrower
- **Name:** HIGH POINT CONTRACTING INC
- **Address:** 5295 S 5500 W, HOOPER, UT, 84315-9505
- **NAICS:** 238160
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $309K
- **Initial approval:** $309K
- **Forgiven:** $311K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $303K
- **Rent:** $3K
- **Utilities:** $3K
- **Jobs reported:** 34
## Lender
- **Originating:** Cache Valley Bank
- **Servicing:** Cache Valley Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*