# PPP loan: FORDSELL MACHINE PRODUCTS COMPANY INC.
> **$279K** approved 02/04/2021 · Paid in Full · Loan `3368898404`
## Borrower
- **Name:** FORDSELL MACHINE PRODUCTS COMPANY INC.
- **Address:** 30400 Ryan Rd, Warren, MI, 48092-1947
- **NAICS:** 332721
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $279K
- **Initial approval:** $279K
- **Forgiven:** $280K (100%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $279K
- **Utilities:** $1
- **Jobs reported:** 18
## 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*