# PPP loan: PAUL'S SCOTTSDALE HARDWARE, INC.
> **$1.31M** approved 04/10/2020 · Paid in Full · Loan `2404157108`
## Borrower
- **Name:** PAUL'S SCOTTSDALE HARDWARE, INC.
- **Address:** 1800 N SCOTTSDALE RD, SCOTTSDALE, AZ, 85257-2117
- **NAICS:** 444130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.31M
- **Initial approval:** $1.31M
- **Forgiven:** $1.32M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $986K
- **Rent:** $164K
- **Mortgage interest:** $82K
- **Utilities:** $82K
- **Jobs reported:** 144
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*