# PPP loan: SUNDBERG-FERAR INC.
> **$250K** approved 01/20/2021 · Paid in Full · Loan `2114488307`
## Borrower
- **Name:** SUNDBERG-FERAR INC.
- **Address:** 4359 Pineview Dr, Commerce Township, MI, 48390-4129
- **NAICS:** 541420
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $250K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Bank of Ann Arbor
- **Servicing:** Bank of Ann Arbor (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*