# PPP loan: HANDER & SON, INC.
> **$972K** approved 04/08/2020 · Paid in Full · Loan `8460967008`
## Borrower
- **Name:** HANDER & SON, INC.
- **Address:** 2407 W 5th Street, SIOUX FALLS, SD, 57104-5612
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $972K
- **Initial approval:** $972K
- **Forgiven:** $978K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $730K
- **Rent:** $121K
- **Utilities:** $121K
- **Jobs reported:** 84
## Lender
- **Originating:** CorTrust Bank National Association
- **Servicing:** CorTrust Bank National Association (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*