# PPP loan: HEAVY MACHINES, INC.
> **$2.73M** approved 04/08/2020 · Paid in Full · Loan `8107517001`
## Borrower
- **Name:** HEAVY MACHINES, INC.
- **Address:** 3926 EAST RAINES RD, MEMPHIS, TN, 38118-6936
- **NAICS:** 423810
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.73M
- **Initial approval:** $2.73M
- **Forgiven:** $2.76M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.73M
- **Jobs reported:** 184
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*