# PPP loan: LINE PRECISION INC
> **$295K** approved 04/29/2020 · Paid in Full · Loan `2835437307`
## Borrower
- **Name:** LINE PRECISION INC
- **Address:** 31666 W. Eight Mile Road, Farmington Hills, MI, 48336-5207
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $295K
- **Initial approval:** $295K
- **Forgiven:** $298K (101%)
- **Forgiveness date:** 05/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $236K
- **Mortgage interest:** $59K
- **Jobs reported:** 20
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*