# PPP loan: E.C. DITTRICH & CO. INC.
> **$216K** approved 02/07/2021 · Paid in Full · Loan `5074988400`
## Borrower
- **Name:** E.C. DITTRICH & CO. INC.
- **Address:** 7373 3rd St, Detroit, MI, 48202-3300
- **NAICS:** 448190
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $216K
- **Initial approval:** $216K
- **Forgiven:** $218K (101%)
- **Forgiveness date:** 02/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $216K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*