# PPP loan: ROGERS HALE ENTERPRISES INC
> **$155K** approved 04/07/2020 · Paid in Full · Loan `7597967004`
## Borrower
- **Name:** ROGERS HALE ENTERPRISES INC
- **Address:** 3195 M 65, HALE, MI, 48739-8512
- **NAICS:** 445110
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 04/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $124K
- **Mortgage interest:** $3K
- **Utilities:** $24K
- **Health care:** $1K
- **Debt interest:** $3K
- **Jobs reported:** 30
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*