# PPP loan: SOROC ACQUISITION CORPORATION
> **$806K** approved 04/28/2020 · Paid in Full · Loan `1561087306`
## Borrower
- **Name:** SOROC ACQUISITION CORPORATION
- **Address:** 4349 S DORT HWY, BURTON, MI, 48529-1805
- **NAICS:** 523910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $806K
- **Initial approval:** $806K
- **Forgiven:** $812K (101%)
- **Forgiveness date:** 01/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $645K
- **Mortgage interest:** $161K
- **Jobs reported:** 75
## 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*