# PPP loan: R AND A TOOL AND ENGINEERING COMPANY
> **$241K** approved 01/27/2021 · Paid in Full · Loan `7092538310`
## Borrower
- **Name:** R AND A TOOL AND ENGINEERING COMPANY
- **Address:** 39127 Ford Rd, Westland, MI, 48185-1963
- **NAICS:** 333514
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $241K
- **Initial approval:** $241K
- **Forgiven:** $242K (100%)
- **Forgiveness date:** 07/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $241K
- **Utilities:** $1
- **Jobs reported:** 16
## 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*