# PPP loan: DM TOOL & FAB INC.
> **$1.17M** approved 04/30/2020 · Paid in Full · Loan `4942857309`
## Borrower
- **Name:** DM TOOL & FAB INC.
- **Address:** 6101 18 1/2 Mile Rd., Sterling Heights, MI, 48314-3116
- **NAICS:** 333511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.17M
- **Initial approval:** $1.17M
- **Forgiven:** $1.18M (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.17M
- **Jobs reported:** 70
## 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*