# PPP loan: COMMERCE CONTROLS, INCORPORATED
> **$1.51M** approved 04/11/2020 · Paid in Full · Loan `2743747102`
## Borrower
- **Name:** COMMERCE CONTROLS, INCORPORATED
- **Address:** 41069 VINCENTI CT, NOVI, MI, 48375-1923
- **NAICS:** 334512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.51M
- **Initial approval:** $1.51M
- **Forgiven:** $1.53M (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.51M
- **Jobs reported:** 101
## Lender
- **Originating:** Huron Valley State Bank
- **Servicing:** Huron Valley State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*