# PPP loan: WOLVERINE MAILING, PACKAGING, WAREHOUSE, INC.
> **$1.54M** approved 04/12/2020 · Paid in Full · Loan `3864227100`
## Borrower
- **Name:** WOLVERINE MAILING, PACKAGING, WAREHOUSE, INC.
- **Address:** 1601 CLAY ST, DETROIT, MI, 48211-1902
- **NAICS:** 323111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.54M
- **Initial approval:** $1.54M
- **Forgiven:** $1.57M (101%)
- **Forgiveness date:** 09/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.24M
- **Mortgage interest:** $309K
- **Jobs reported:** 158
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*