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Hi-Way Auto INC

$368,500 PPP Loan in Brownwood, Texas

Loan Details

Loan Number
4793497009
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$368,500
Current Approval
$368,500
Forgiveness Amount
$372,226
Forgiveness Date
Apr 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hi-Way Auto INC
Address
2805 Highway 279
City
Brownwood
State
Texas
ZIP Code
76801-1048
Business Type
Corporation
Industry (NAICS)
Retail Trade (441310)
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
$11.4M
Rural/Urban
Rural
Congressional District
TX-11

Loan Use Breakdown

Payroll
$276,375
Utilities
$92,125

Lender Information

Servicing Lender
Texas Bank
Originating Lender
Texas Bank

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