# PPP loan: PARKERS HARDWARE & LUMBER, INC.
> **$160K** approved 04/07/2020 · Paid in Full · Loan `7591517008`
## Borrower
- **Name:** PARKERS HARDWARE & LUMBER, INC.
- **Address:** 819 ASHMUN ST, SAULT SAINTE MARIE, MI, 49783-2242
- **NAICS:** 444130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $144K
- **Rent:** $13K
- **Utilities:** $3K
- **Jobs reported:** 19
## Lender
- **Originating:** Central Savings Bank
- **Servicing:** Central Savings Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*