# PPP loan: J & M MACHINE PRODUCTS INC.
> **$731K** approved 04/12/2020 · Paid in Full · Loan `3870067107`
## Borrower
- **Name:** J & M MACHINE PRODUCTS INC.
- **Address:** 1821 MANOR DR, NORTON SHORES, MI, 49441-3414
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $731K
- **Initial approval:** $731K
- **Forgiven:** $737K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $585K
- **Mortgage interest:** $146K
- **Jobs reported:** 69
## 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*