# PPP loan: IDEAL FABRICATORS, INC.
> **$521K** approved 04/13/2020 · Paid in Full · Loan `5529617101`
## Borrower
- **Name:** IDEAL FABRICATORS, INC.
- **Address:** 30579 Schoolcraft, Livonia, MI, 48150
- **NAICS:** 332312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $521K
- **Initial approval:** $521K
- **Forgiven:** $524K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $521K
- **Jobs reported:** 35
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*