# PPP loan: ETCS INC
> **$220K** approved 04/27/2020 · Paid in Full · Loan `4325507205`
## Borrower
- **Name:** ETCS INC
- **Address:** 21275 MULLIN AVE, WARREN, MI, 48089-3086
- **NAICS:** 321920
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $222K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Jobs reported:** 6
## Lender
- **Originating:** Flagstar Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*