# PPP loan: HUTCHINSON MANUFACTURING HOLDINGS, LLC
> **$4.59M** approved 04/07/2020 · Paid in Full · Loan `7100427001`
## Borrower
- **Name:** HUTCHINSON MANUFACTURING HOLDINGS, LLC
- **Address:** 720 HIGHWAY 7 W, HUTCHINSON, MN, 55350-1581
- **NAICS:** 332313
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.59M
- **Initial approval:** $4.59M
- **Forgiven:** $4.64M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.02M
- **Rent:** $209K
- **Mortgage interest:** $173K
- **Utilities:** $181K
- **Jobs reported:** 260
## Lender
- **Originating:** Bridgewater Bank
- **Servicing:** Bridgewater Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*