# PPP loan: PREMIER HYDRAULIC AUGERS, INC.
> **$289K** approved 04/07/2020 · Paid in Full · Loan `7308277003`
## Borrower
- **Name:** PREMIER HYDRAULIC AUGERS, INC.
- **Address:** 2707 LOFTY DR, FORT WAYNE, IN, 46808-3927
- **NAICS:** 333120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $289K
- **Initial approval:** $289K
- **Forgiven:** $291K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $231K
- **Rent:** $17K
- **Utilities:** $13K
- **Health care:** $17K
- **Debt interest:** $10K
- **Jobs reported:** 33
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*