# PPP loan: M&H APPLIANCE SALES AND SERVICE INC.
> **$275K** approved 04/03/2020 · Paid in Full · Loan `4358927002`
## Borrower
- **Name:** M&H APPLIANCE SALES AND SERVICE INC.
- **Address:** 1855 FRONTAGE RD, MORA, MN, 55051-7162
- **NAICS:** 443141
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $277K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Rent:** $26K
- **Utilities:** $29K
- **Jobs reported:** 31
## Lender
- **Originating:** First Citizens Bank
- **Servicing:** First Citizens Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*