# PPP loan: J.H.BENNETT AND COMPANY, INC.
> **$1.42M** approved 04/28/2020 · Paid in Full · Loan `1223697309`
## Borrower
- **Name:** J.H.BENNETT AND COMPANY, INC.
- **Address:** 22975 VENTURE DR, NOVI, MI, 48375-4181
- **NAICS:** 333996
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.42M
- **Initial approval:** $1.42M
- **Forgiven:** $1.43M (101%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.24M
- **Rent:** $19K
- **Utilities:** $15K
- **Health care:** $144K
- **Jobs reported:** 68
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*