# PPP loan: HIGHWAY MACHINE CO INC
> **$979K** approved 01/25/2021 · Paid in Full · Loan `5764748308`
## Borrower
- **Name:** HIGHWAY MACHINE CO INC
- **Address:** 3010 S Old US Highway 41, Princeton, IN, 47670-9206
- **NAICS:** 333612
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $979K
- **Initial approval:** $979K
- **Forgiven:** $984K (101%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $979K
- **Utilities:** $1
- **Jobs reported:** 66
## Lender
- **Originating:** German American Bank
- **Servicing:** German American Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*