# PPP loan: WIMSATT BUILDING MATERIALS CORPORATION
> **$4.49M** approved 04/27/2020 · Paid in Full · Loan `3618507204`
## Borrower
- **Name:** WIMSATT BUILDING MATERIALS CORPORATION
- **Address:** 36340 Van Born Road, Wayne, MI, 48184-2071
- **NAICS:** 423330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.49M
- **Initial approval:** $4.49M
- **Forgiven:** $4.56M (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.60M
- **Mortgage interest:** $899K
- **Jobs reported:** 292
## 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*