# PPP loan: COR-MET INC.
> **$561K** approved 04/27/2020 · Paid in Full · Loan `5966777210`
## Borrower
- **Name:** COR-MET INC.
- **Address:** 12500 Grand River Rd, Brighton, MI, 48816
- **NAICS:** 333992
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $561K
- **Initial approval:** $561K
- **Forgiven:** $567K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $478K
- **Rent:** $66K
- **Utilities:** $17K
- **Jobs reported:** 29
## Lender
- **Originating:** Bank of Ann Arbor
- **Servicing:** Bank of Ann Arbor (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*