# PPP loan: L. T. C. ROLL & ENGINEERING CO.
> **$1.84M** approved 01/25/2021 · Paid in Full · Loan `5170228308`
## Borrower
- **Name:** L. T. C. ROLL & ENGINEERING CO.
- **Address:** 23500 John Gorsuch Dr, Clinton Township, MI, 48036-1215
- **NAICS:** 332114
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.84M
- **Initial approval:** $1.84M
- **Forgiven:** $1.85M (100%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.84M
- **Utilities:** $1
- **Jobs reported:** 140
## Lender
- **Originating:** First Business Bank
- **Servicing:** First Business Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*