# PPP loan: TRUE FABRICATIONS AND MACHINE, INC.
> **$364K** approved 04/28/2020 · Paid in Full · Loan `1201977309`
## Borrower
- **Name:** TRUE FABRICATIONS AND MACHINE, INC.
- **Address:** 1731 Thorncroft, Troy, MI, 48084-4613
- **NAICS:** 332313
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $364K
- **Initial approval:** $364K
- **Forgiven:** $366K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $291K
- **Mortgage interest:** $73K
- **Jobs reported:** 27
## 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*