# PPP loan: ZANDER COLLOIDS LC
> **$396K** approved 04/04/2020 · Paid in Full · Loan `5014417003`
## Borrower
- **Name:** ZANDER COLLOIDS LC
- **Address:** 2040 THOMPSON RD, FENTON, MI, 48430-9798
- **NAICS:** 325110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $396K
- **Initial approval:** $396K
- **Forgiven:** $398K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $346K
- **Mortgage interest:** $35K
- **Utilities:** $15K
- **Jobs reported:** 24
## Lender
- **Originating:** Oxford Bank
- **Servicing:** Oxford Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*