# PPP loan: GRUNWELL-CASHERO CO
> **$1.85M** approved 04/29/2020 · Paid in Full · Loan `2947587300`
## Borrower
- **Name:** GRUNWELL-CASHERO CO
- **Address:** 1041 Major, Detroit, MI, 48217-1339
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.85M
- **Initial approval:** $1.85M
- **Forgiven:** $1.86M (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.48M
- **Mortgage interest:** $369K
- **Jobs reported:** 178
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*