# PPP loan: HARDWOOD INDUSTRIES, INC.
> **$1.24M** approved 04/08/2020 · Paid in Full · Loan `8708977005`
## Borrower
- **Name:** HARDWOOD INDUSTRIES, INC.
- **Address:** 20548 SW Wildrose Place 0.0, Sherwood, OR, 97140-8564
- **NAICS:** 423310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.24M
- **Initial approval:** $1.24M
- **Forgiven:** $1.25M (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $995K
- **Rent:** $249K
- **Jobs reported:** 116
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*