# PPP loan: BOLLHOFF INC.
> **$1.38M** approved 04/11/2020 · Paid in Full · Loan `2799357102`
## Borrower
- **Name:** BOLLHOFF INC.
- **Address:** 2705 Marion Drive 0.0, Kendallville, IN, 46755-3280
- **NAICS:** 332722
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.38M
- **Initial approval:** $1.38M
- **Forgiven:** $1.39M (101%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.10M
- **Rent:** $20K
- **Mortgage interest:** $10K
- **Utilities:** $41K
- **Health care:** $204K
- **Jobs reported:** 94
## 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*