# PPP loan: C & S MACHINE PRODUCTS INC
> **$1.48M** approved 04/05/2020 · Paid in Full · Loan `5507847001`
## Borrower
- **Name:** C & S MACHINE PRODUCTS INC
- **Address:** 2829 Saratore Dr, NILES, MI, 49120
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.48M
- **Initial approval:** $1.48M
- **Forgiven:** $1.50M (101%)
- **Forgiveness date:** 05/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.48M
- **Jobs reported:** 99
## Lender
- **Originating:** 1st Source Bank
- **Servicing:** 1st Source Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*