# PPP loan: D&E HODGSON, INC.
> **$257K** approved 01/19/2021 · Paid in Full · Loan `1605568307`
## Borrower
- **Name:** D&E HODGSON, INC.
- **Address:** 26235 Main St, Beaver Island, MI, 49782-5101
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $257K
- **Initial approval:** $125K
- **Forgiven:** $261K (102%)
- **Forgiveness date:** 07/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $257K
- **Utilities:** $1
- **Jobs reported:** 8
## Lender
- **Originating:** Charlevoix State Bank
- **Servicing:** Charlevoix State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*