# PPP loan: SCHAIN MOLD & ENGINEERING INC
> **$365K** approved 02/25/2021 · Paid in Full · Loan `4395458510`
## Borrower
- **Name:** SCHAIN MOLD & ENGINEERING INC
- **Address:** 2776 Commerce Dr, Rochester Hills, MI, 48309-3814
- **NAICS:** 333511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $365K
- **Initial approval:** $365K
- **Forgiven:** $368K (101%)
- **Forgiveness date:** 11/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $365K
- **Utilities:** $1
- **Jobs reported:** 44
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*