# PPP loan: CNC PRODUCTS ACQUISITION INC
> **$193K** approved 04/13/2020 · Paid in Full · Loan `5400277105`
## Borrower
- **Name:** CNC PRODUCTS ACQUISITION INC
- **Address:** 2126 South 11th Street, NILES, MI, 49120-4061
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $193K
- **Initial approval:** $193K
- **Forgiven:** $194K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Rent:** $16K
- **Utilities:** $5K
- **Jobs reported:** 15
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*