# PPP loan: HARMAN CORPORATION
> **$397K** approved 04/08/2020 · Paid in Full · Loan `7752097004`
## Borrower
- **Name:** HARMAN CORPORATION
- **Address:** 360 SOUTH ST, ROCHESTER, MI, 48307-2240
- **NAICS:** 326199
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $397K
- **Initial approval:** $397K
- **Forgiven:** $401K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $306K
- **Rent:** $46K
- **Utilities:** $45K
- **Jobs reported:** 29
## Lender
- **Originating:** Waterford Bank, National Association
- **Servicing:** Waterford Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*