# PPP loan: HIGHPOINT TOOL AND MACNHINE, INC
> **$553K** approved 04/08/2020 · Paid in Full · Loan `7703937000`
## Borrower
- **Name:** HIGHPOINT TOOL AND MACNHINE, INC
- **Address:** 17380 State HWY 198, SAEGERTOWN, PA, 16433-3628
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $553K
- **Initial approval:** $553K
- **Forgiven:** $557K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $553K
- **Jobs reported:** 39
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*