# PPP loan: COE PRESS EQUIPMENT CORPORATION
> **$1.37M** approved 01/19/2021 · Paid in Full · Loan `1735508309`
## Borrower
- **Name:** COE PRESS EQUIPMENT CORPORATION
- **Address:** 40549 Brentwood Dr, Sterling Heights, MI, 48310-2210
- **NAICS:** 333517
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.37M
- **Initial approval:** $1.37M
- **Forgiven:** $1.37M (101%)
- **Forgiveness date:** 08/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.37M
- **Utilities:** $1
- **Jobs reported:** 71
## Lender
- **Originating:** Milestone Bank
- **Servicing:** Milestone Bank (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*