# PPP loan: HUTCHINSON AUTOMOTIVE INC
> **$579K** approved 04/14/2020 · Paid in Full · Loan `6422587110`
## Borrower
- **Name:** HUTCHINSON AUTOMOTIVE INC
- **Address:** 3989 River Place Dr, MACON, GA, 31210
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $579K
- **Initial approval:** $666K
- **Forgiven:** $586K (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $579K
- **Jobs reported:** 55
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*