# PPP loan: HENSHAW, INC.
> **$745K** approved 04/16/2020 · Paid in Full · Loan `2777747209`
## Borrower
- **Name:** HENSHAW, INC.
- **Address:** 70890 POWELL RD, ARMADA, MI, 48005
- **NAICS:** 333922
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $745K
- **Initial approval:** $745K
- **Forgiven:** $753K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $580K
- **Rent:** $83K
- **Utilities:** $10K
- **Health care:** $72K
- **Jobs reported:** 60
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*