# PPP loan: ELHART HOLDINGS INC.
> **$1.24M** approved 03/23/2021 · Paid in Full · Loan `6508108604`
## Borrower
- **Name:** ELHART HOLDINGS INC.
- **Address:** 822 Chicago Dr, Holland, MI, 49423-3006
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.24M
- **Initial approval:** $1.24M
- **Forgiven:** $1.25M (101%)
- **Forgiveness date:** 01/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.24M
- **Utilities:** $1
- **Jobs reported:** 98
## Lender
- **Originating:** Macatawa Bank
- **Servicing:** Macatawa Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*