# PPP loan: DALTON INDUSTRIES, L.L.C.
> **$1.14M** approved 05/01/2020 · Paid in Full · Loan `2055767703`
## Borrower
- **Name:** DALTON INDUSTRIES, L.L.C.
- **Address:** 2800 Alliance, Waterford, MI, 48328
- **NAICS:** 333519
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.14M
- **Forgiven:** $979K (86%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $910K
- **Mortgage interest:** $8K
- **Utilities:** $44K
- **Health care:** $148K
- **Debt interest:** $28K
- **Jobs reported:** 59
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*