# PPP loan: PENINSULA PLASTIC COMPANY, INC.
> **$945K** approved 04/11/2020 · Paid in Full · Loan `3603267103`
## Borrower
- **Name:** PENINSULA PLASTIC COMPANY, INC.
- **Address:** 2800 AUBURN CT, AUBURN HILLS, MI, 48326-3203
- **NAICS:** 326199
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $945K
- **Initial approval:** $945K
- **Forgiven:** $955K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $756K
- **Mortgage interest:** $189K
- **Jobs reported:** 86
## 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*