# PPP loan: MOTOR CITY STAMPINGS, INC.
> **$2.93M** approved 04/15/2020 · Paid in Full · Loan `1002787210`
## Borrower
- **Name:** MOTOR CITY STAMPINGS, INC.
- **Address:** 47783 GRATIOT AVENUE, CHESTERFIELD, MI, 48051-2721
- **NAICS:** 336370
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $2.93M
- **Initial approval:** $2.93M
- **Forgiven:** $2.97M (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.93M
- **Jobs reported:** 340
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*