# PPP loan: HOEKSTRA ROOFING CO.
> **$729K** approved 04/08/2020 · Paid in Full · Loan `7720077004`
## Borrower
- **Name:** HOEKSTRA ROOFING CO.
- **Address:** 1963 Olmstead Road, KALAMAZOO, MI, 49048-3305
- **NAICS:** 238160
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $729K
- **Initial approval:** $729K
- **Forgiven:** $734K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $547K
- **Mortgage interest:** $91K
- **Utilities:** $91K
- **Jobs reported:** 63
## Lender
- **Originating:** Southern Michigan Bank & Trust
- **Servicing:** Southern Michigan Bank & Trust (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*