# PPP loan: GRISWOLD INDUSTRIES
> **$6.92M** approved 04/11/2020 · Paid in Full · Loan `3385237106`
## Borrower
- **Name:** GRISWOLD INDUSTRIES
- **Address:** 1701 PLACENTIA AVE, COSTA MESA, CA, 92627-4416
- **NAICS:** 332912
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.92M
- **Initial approval:** $6.92M
- **Forgiven:** $7.00M (101%)
- **Forgiveness date:** 07/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.53M
- **Mortgage interest:** $1.38M
- **Jobs reported:** 492
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*