# PPP loan: STEELCRAFT TOOL CO
> **$244K** approved 05/14/2020 · Paid in Full · Loan `6515857401`
## Borrower
- **Name:** STEELCRAFT TOOL CO
- **Address:** 12930 Wayne Road, Livonia, MI, 48150
- **NAICS:** 333515
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $248K (101%)
- **Forgiveness date:** 10/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $244K
- **Jobs reported:** 15
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*