# PPP loan: HOLMES RECYCLING SERVICES, INC.
> **$158K** approved 01/19/2021 · Paid in Full · Loan `1711908306`
## Borrower
- **Name:** HOLMES RECYCLING SERVICES, INC.
- **Address:** 8688 Highway 37, Iron, MN, 55751-8132
- **NAICS:** 562920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $158K
- **Initial approval:** $158K
- **Forgiven:** $159K (101%)
- **Forgiveness date:** 11/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $157K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** Park State Bank
- **Servicing:** Park State Bank (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*