# PPP loan: LIVONIA TOOL, INC.
> **$976K** approved 04/09/2020 · Paid in Full · Loan `1107917110`
## Borrower
- **Name:** LIVONIA TOOL, INC.
- **Address:** 936 ANDERSON RD, LITCHFIELD, MI, 49252-9600
- **NAICS:** 332119
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $976K
- **Initial approval:** $976K
- **Forgiven:** $983K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $781K
- **Mortgage interest:** $195K
- **Jobs reported:** 94
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*