# PPP loan: HODGES SUPPLY COMPANY
> **$559K** approved 03/12/2021 · Exemption 4 · Loan `1173648607`
## Borrower
- **Name:** HODGES SUPPLY COMPANY
- **Address:** 1730 Highwood E, Pontiac, MI, 48340-1237
- **NAICS:** 423720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $559K
- **Initial approval:** $559K
- **Forgiven:** $445K (80%)
- **Forgiveness date:** 03/09/2023
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $559K
- **Jobs reported:** 39
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*