# PPP loan: COCHRANE SUPPLY AND ENGINEERING, INC.
> **$867K** approved 04/27/2020 · Paid in Full · Loan `3777127205`
## Borrower
- **Name:** COCHRANE SUPPLY AND ENGINEERING, INC.
- **Address:** 30303 Stephenson Hwy, Madison Heights, MI, 48071-1633
- **NAICS:** 423730
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $867K
- **Initial approval:** $867K
- **Forgiven:** $874K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $693K
- **Mortgage interest:** $173K
- **Jobs reported:** 60
## 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*