# PPP loan: CUSHING-MALLOY, INC.
> **$430K** approved 04/07/2020 · Paid in Full · Loan `6877247000`
## Borrower
- **Name:** CUSHING-MALLOY, INC.
- **Address:** 1350 NORTH MAIN STREET, ANN ARBOR, MI, 48104-1045
- **NAICS:** 323117
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $430K
- **Initial approval:** $430K
- **Forgiven:** $433K (101%)
- **Forgiveness date:** 12/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $353K
- **Rent:** $16K
- **Utilities:** $39K
- **Health care:** $22K
- **Jobs reported:** 30
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*