# PPP loan: HGS ENGINEERING INC
> **$691K** approved 04/09/2020 · Paid in Full · Loan `9809297006`
## Borrower
- **Name:** HGS ENGINEERING INC
- **Address:** 1707 HILLYER ROBINSON INDUSTRIAL PKWY S STE F, OXFORD, AL, 36203-1347
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $691K
- **Initial approval:** $691K
- **Forgiven:** $699K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $691K
- **Jobs reported:** 67
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*