# PPP loan: HICKORY SAW & TOOL INC
> **$435K** approved 02/07/2021 · Paid in Full · Loan `4859408407`
## Borrower
- **Name:** HICKORY SAW & TOOL INC
- **Address:** 406 9th St SE, Hickory, NC, 28602-4040
- **NAICS:** 332216
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $435K
- **Initial approval:** $435K
- **Forgiven:** $439K (101%)
- **Forgiveness date:** 02/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $435K
- **Utilities:** $1
- **Jobs reported:** 41
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*