# PPP loan: GALLAGHER-KAISER CORPORATION
> **$7.82M** approved 04/11/2020 · Paid in Full · Loan `3397757106`
## Borrower
- **Name:** GALLAGHER-KAISER CORPORATION
- **Address:** 777 CHICAGO RD, TROY, MI, 48083-4223
- **NAICS:** 332999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $7.82M
- **Initial approval:** $7.82M
- **Forgiven:** $7.92M (101%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.26M
- **Mortgage interest:** $1.56M
- **Jobs reported:** 462
## 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*