# PPP loan: HURST, INC.
> **$2.73M** approved 04/08/2020 · Paid in Full · Loan `8243447009`
## Borrower
- **Name:** HURST, INC.
- **Address:** 5800 SAFETY DR, BELMONT, MI, 49306-9788
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.73M
- **Initial approval:** $2.73M
- **Forgiven:** $2.76M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.26M
- **Rent:** $62K
- **Utilities:** $8K
- **Health care:** $399K
- **Jobs reported:** 140
## 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*