# PPP loan: BESSER COMPANY USA
> **$4.96M** approved 04/27/2020 · Paid in Full · Loan `4713187207`
## Borrower
- **Name:** BESSER COMPANY USA
- **Address:** 801 Johnson St, ALPENA, MI, 49707-1870
- **NAICS:** 333120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.96M
- **Initial approval:** $4.96M
- **Forgiven:** $5.06M (102%)
- **Forgiveness date:** 05/17/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.96M
- **Mortgage interest:** $991K
- **Jobs reported:** 296
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*