# PPP loan: HICKORY SAW & TOOL INC.
> **$435K** approved 04/10/2020 · Paid in Full · Loan `1972217106`
## Borrower
- **Name:** HICKORY SAW & TOOL INC.
- **Address:** 406 9th Street SE, HICKORY, NC, 28602-2713
- **NAICS:** 332216
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $435K
- **Initial approval:** $435K
- **Forgiven:** $439K (101%)
- **Forgiveness date:** 05/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $435K
- **Jobs reported:** 41
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*