# PPP loan: HOFFMAN BROS., INC.
> **$3.26M** approved 04/27/2020 · Paid in Full · Loan `3620427203`
## Borrower
- **Name:** HOFFMAN BROS., INC.
- **Address:** 8574 Verona Road, Battle Creek, MI, 49014-8404
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.26M
- **Initial approval:** $3.26M
- **Forgiven:** $3.30M (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.61M
- **Mortgage interest:** $652K
- **Jobs reported:** 80
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*