# PPP loan: STURGIS MOLDED PRODUCTS COMPANY
> **$2.00M** approved 02/04/2021 · Paid in Full · Loan `3248128402`
## Borrower
- **Name:** STURGIS MOLDED PRODUCTS COMPANY
- **Address:** 70343 Clark Rd, Sturgis, MI, 49091-8742
- **NAICS:** 326199
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.02M (101%)
- **Forgiveness date:** 12/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 193
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*