# PPP loan: FALCON INDUSTRY, INC.
> **$324K** approved 04/11/2020 · Paid in Full · Loan `3583607100`
## Borrower
- **Name:** FALCON INDUSTRY, INC.
- **Address:** 44660 Macomb Industrial Dr, CLINTON TOWNSHIP, MI, 48036-1185
- **NAICS:** 333514
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $324K
- **Initial approval:** $324K
- **Forgiven:** $327K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $324K
- **Jobs reported:** 20
## Lender
- **Originating:** Flagstar Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*