# PPP loan: NATIONAL LADDER & SCAFFOLD COMPANY INC.
> **$604K** approved 04/27/2020 · Paid in Full · Loan `3722327209`
## Borrower
- **Name:** NATIONAL LADDER & SCAFFOLD COMPANY INC.
- **Address:** 29350 John R Road, MADISON HEIGHTS, MI, 48071-5400
- **NAICS:** 423390
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $604K
- **Initial approval:** $604K
- **Forgiven:** $609K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $554K
- **Rent:** $39K
- **Utilities:** $11K
- **Jobs reported:** 49
## Lender
- **Originating:** Mi Bank
- **Servicing:** Mi Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*