# PPP loan: SAGOLA HARDWOODS INC
> **$551K** approved 04/14/2020 · Paid in Full · Loan `6322697100`
## Borrower
- **Name:** SAGOLA HARDWOODS INC
- **Address:** N10670 Highway M95, Sagola, MI, 49881
- **NAICS:** 321211
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $551K
- **Initial approval:** $551K
- **Forgiven:** $554K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $551K
- **Jobs reported:** 59
## Lender
- **Originating:** Northern Interstate Bank, National Association
- **Servicing:** Northern Interstate Bank, National Association (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*