# PPP loan: MICHIGAN METAL COATINGS COMPANY
> **$1.00M** approved 04/29/2020 · Paid in Full · Loan `3834117308`
## Borrower
- **Name:** MICHIGAN METAL COATINGS COMPANY
- **Address:** 2015 DOVE ST, PORT HURON, MI, 48060-6738
- **NAICS:** 332812
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.00M
- **Initial approval:** $1.00M
- **Forgiven:** $1.02M (102%)
- **Forgiveness date:** 05/10/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $754K
- **Rent:** $50K
- **Mortgage interest:** $100K
- **Utilities:** $100K
- **Jobs reported:** 89
## Lender
- **Originating:** Eastern Michigan Bank
- **Servicing:** Eastern Michigan Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*