# PPP loan: ENGELMAN CORPORATION
> **$305K** approved 01/23/2021 · Paid in Full · Loan `4222418304`
## Borrower
- **Name:** ENGELMAN CORPORATION
- **Address:** 1575 Imlay City Rd, Lapeer, MI, 48446-3175
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $305K
- **Initial approval:** $305K
- **Forgiven:** $307K (101%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $305K
- **Jobs reported:** 24
## Lender
- **Originating:** Financial Plus CU
- **Servicing:** Financial Plus CU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*