# PPP loan: N/C SERVO TECHNOLOGY CORPORATION
> **$243K** approved 04/29/2020 · Paid in Full · Loan `3238067310`
## Borrower
- **Name:** N/C SERVO TECHNOLOGY CORPORATION
- **Address:** 38422 Webb Dr, Westland, MI, 48185-1974
- **NAICS:** 811412
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $243K
- **Initial approval:** $243K
- **Forgiven:** $245K (101%)
- **Forgiveness date:** 07/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $194K
- **Mortgage interest:** $48K
- **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*