# PPP loan: POINTE DAIRY SERVICES INC.
> **$475K** approved 04/27/2020 · Paid in Full · Loan `5051647208`
## Borrower
- **Name:** POINTE DAIRY SERVICES INC.
- **Address:** 2716 American Drive, Troy, MI, 48083
- **NAICS:** 424430
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $475K
- **Initial approval:** $475K
- **Forgiven:** $480K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $475K
- **Jobs reported:** 48
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*