# PPP loan: PIKE DISTRIBUTORS, INC.
> **$466K** approved 04/06/2020 · Paid in Full · Loan `6091457002`
## Borrower
- **Name:** PIKE DISTRIBUTORS, INC.
- **Address:** 353 US HIGHWAY 41 EAST, NEGAUNEE, MI, 49866-9624
- **NAICS:** 424810
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $466K
- **Initial approval:** $466K
- **Forgiven:** $470K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $375K
- **Utilities:** $60K
- **Health care:** $32K
- **Jobs reported:** 45
## Lender
- **Originating:** Range Bank
- **Servicing:** Range Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*