# PPP loan: AUSTIN SUPPLY, INC.
> **$235K** approved 04/06/2020 · Paid in Full · Loan `5644837005`
## Borrower
- **Name:** AUSTIN SUPPLY, INC.
- **Address:** 1666 Northern Star Drive, TRAVERSE CITY, MI, 49696-9242
- **NAICS:** 423720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $235K
- **Initial approval:** $235K
- **Forgiven:** $238K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $177K
- **Rent:** $38K
- **Utilities:** $5K
- **Health care:** $15K
- **Jobs reported:** 16
## Lender
- **Originating:** Honor Bank
- **Servicing:** Honor Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*