# PPP loan: HORIZONTAL MACHINING AND MANUFACTURING, INC.
> **$756K** approved 04/07/2020 · Paid in Full · Loan `7442707002`
## Borrower
- **Name:** HORIZONTAL MACHINING AND MANUFACTURING, INC.
- **Address:** 640 ARIZONA AVE NW, HURON, SD, 57350-2215
- **NAICS:** 332999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $756K
- **Initial approval:** $756K
- **Forgiven:** $762K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $567K
- **Utilities:** $189K
- **Jobs reported:** 66
## Lender
- **Originating:** Dacotah Bank
- **Servicing:** Dacotah Bank (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*