# PPP loan: BENNETT MATERIAL HANDLING, INC.
> **$544K** approved 04/08/2020 · Paid in Full · Loan `8176187002`
## Borrower
- **Name:** BENNETT MATERIAL HANDLING, INC.
- **Address:** 1009 HILL ST, HOPKINS, MN, 55343-2057
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $544K
- **Initial approval:** $544K
- **Forgiven:** $548K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $544K
- **Jobs reported:** 32
## Lender
- **Originating:** Scale Bank
- **Servicing:** Scale Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*