# PPP loan: CECH CORPORATION
> **$289K** approved 04/03/2020 · Paid in Full · Loan `4352147003`
## Borrower
- **Name:** CECH CORPORATION
- **Address:** 3984 WEST CABARET TRL, SAGINAW, MI, 48603-2270
- **NAICS:** 423440
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $289K
- **Initial approval:** $289K
- **Forgiven:** $291K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $230K
- **Mortgage interest:** $5K
- **Utilities:** $4K
- **Health care:** $50K
- **Jobs reported:** 22
## Lender
- **Originating:** 1st State Bank
- **Servicing:** 1st State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*