# PPP loan: CAWOOD AUTO COMPANY
> **$604K** approved 04/04/2020 · Paid in Full · Loan `4710587007`
## Borrower
- **Name:** CAWOOD AUTO COMPANY
- **Address:** 2516 PINE GROVE AVE, PORT HURON, MI, 48060-2869
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $604K
- **Initial approval:** $604K
- **Forgiven:** $609K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $499K
- **Rent:** $40K
- **Utilities:** $15K
- **Health care:** $50K
- **Jobs reported:** 47
## Lender
- **Originating:** Eastern Michigan Bank
- **Servicing:** Eastern Michigan Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*