# PPP loan: DURO-LAST INC
> **$8.93M** approved 04/27/2020 · Paid in Full · Loan `5483097202`
## Borrower
- **Name:** DURO-LAST INC
- **Address:** 525 W Morley, SAGINAW, MI, 48601-9485
- **NAICS:** 326112
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $8.93M
- **Initial approval:** $8.93M
- **Forgiven:** $8.24M (92%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $8.93M
- **Jobs reported:** 500
## Lender
- **Originating:** The State Bank
- **Servicing:** The State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*