# PPP loan: DETROIT NAME PLATE ETCHING, INC.
> **$471K** approved 04/28/2020 · Paid in Full · Loan `1255567310`
## Borrower
- **Name:** DETROIT NAME PLATE ETCHING, INC.
- **Address:** 10610 Galaxie Road, Ferndale, MI, 48220-2171
- **NAICS:** 332812
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $471K
- **Initial approval:** $471K
- **Forgiven:** $474K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $377K
- **Mortgage interest:** $94K
- **Jobs reported:** 40
## 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*