# PPP loan: HOME APPLIANCE MART INC
> **$1.25M** approved 04/15/2020 · Paid in Full · Loan `1577027206`
## Borrower
- **Name:** HOME APPLIANCE MART INC
- **Address:** 410 JACKSON PLZ, ANN ARBOR, MI, 48103-1961
- **NAICS:** 442110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.26M (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.25M
- **Jobs reported:** 109
## Lender
- **Originating:** Bank of Ann Arbor
- **Servicing:** Bank of Ann Arbor (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*