# PPP loan: COLORTECH GRAPHICS INC.
> **$369K** approved 04/29/2020 · Paid in Full · Loan `2820447307`
## Borrower
- **Name:** COLORTECH GRAPHICS INC.
- **Address:** 28700 Hayes Rd, Roseville, MI, 48066-2316
- **NAICS:** 323111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $369K
- **Initial approval:** $369K
- **Forgiven:** $371K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $295K
- **Mortgage interest:** $74K
- **Jobs reported:** 28
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*