# PPP loan: HEI INC & SUBSIDIARY
> **$1.24M** approved 02/12/2021 · Paid in Full · Loan `7468168403`
## Borrower
- **Name:** HEI INC & SUBSIDIARY
- **Address:** 303 Cass Ave, Fairview, MT, 59221
- **NAICS:** 213112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.24M
- **Initial approval:** $1.24M
- **Forgiven:** $1.25M (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $1.24M
- **Utilities:** $1
- **Jobs reported:** 60
## Lender
- **Originating:** Stockman Bank of Montana
- **Servicing:** Stockman Bank of Montana (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*