# PPP loan: ENGELMAN CORPORATION
> **$257K** approved 04/10/2020 · Paid in Full · Loan `2068127110`
## Borrower
- **Name:** ENGELMAN CORPORATION
- **Address:** 1575 Imlay City Rd, Lapeer, MI, 48446-3175
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $259K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $257K
- **Jobs reported:** 22
## Lender
- **Originating:** Financial Plus CU
- **Servicing:** Financial Plus CU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*