# PPP loan: CHAIN INDUSTRIES INC.
> **$338K** approved 02/06/2021 · Paid in Full · Loan `4716348405`
## Borrower
- **Name:** CHAIN INDUSTRIES INC.
- **Address:** 51035 Grand River Ave, Wixom, MI, 48393-3329
- **NAICS:** 331313
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $338K
- **Initial approval:** $338K
- **Forgiven:** $339K (100%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $338K
- **Jobs reported:** 24
## 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*