# PPP loan: MAHAR TOOL SUPPLY COMPANY, INC.
> **$1.31M** approved 04/29/2020 · Paid in Full · Loan `4400707305`
## Borrower
- **Name:** MAHAR TOOL SUPPLY COMPANY, INC.
- **Address:** 112 WILLIAMS ST, SAGINAW, MI, 48602-1441
- **NAICS:** 333515
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.31M
- **Initial approval:** $1.31M
- **Forgiven:** $1.32M (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.05M
- **Utilities:** $83K
- **Health care:** $99K
- **Debt interest:** $80K
- **Jobs reported:** 92
## Lender
- **Originating:** Frankenmuth CU
- **Servicing:** Frankenmuth CU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*