# PPP loan: MEIER SCREW PRODUCTS AND MANUFACTURING COMPANY
> **$179K** approved 05/08/2020 · Paid in Full · Loan `3959587400`
## Borrower
- **Name:** MEIER SCREW PRODUCTS AND MANUFACTURING COMPANY
- **Address:** 670 E TROY, FERNDALE, MI, 48220
- **NAICS:** 332721
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $179K
- **Initial approval:** $179K
- **Forgiven:** $181K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $144K
- **Utilities:** $10K
- **Health care:** $26K
- **Jobs reported:** 12
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*