# PPP loan: HOMBURG EQUIPMENT, INC.
> **$164K** approved 04/14/2020 · Paid in Full · Loan `7524877109`
## Borrower
- **Name:** HOMBURG EQUIPMENT, INC.
- **Address:** 6106 Milwaukee Street, MADISON, WI, 53718-6412
- **NAICS:** 238290
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $174K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $164K
- **Jobs reported:** 10
## Lender
- **Originating:** Capitol Bank
- **Servicing:** Capitol Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*