# PPP loan: HI TECH ELECTRONIC PROD & MFG INC
> **$365K** approved 02/11/2021 · Paid in Full · Loan `7010838401`
## Borrower
- **Name:** HI TECH ELECTRONIC PROD & MFG INC
- **Address:** 25 Hi Tech Dr, Oglesby, IL, 61348-9532
- **NAICS:** 334419
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $365K
- **Initial approval:** $365K
- **Forgiven:** $368K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $365K
- **Utilities:** $1
- **Jobs reported:** 38
## Lender
- **Originating:** Midland States Bank
- **Servicing:** Midland States Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*