# PPP loan: CUSTOM INSURANCE INC
> **$246K** approved 04/28/2020 · Paid in Full · Loan `7003487202`
## Borrower
- **Name:** CUSTOM INSURANCE INC
- **Address:** 50551 Van Dyke Ave, Shelby Twp, MI, 48317-1302
- **NAICS:** 524210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $246K
- **Initial approval:** $246K
- **Forgiven:** $213K (87%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $246K
- **Jobs reported:** 29
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*