# PPP loan: SANKUER COMPOSITE TECHNOLOGIES INC
> **$269K** approved 04/28/2020 · Exemption 4 · Loan `7437267203`
## Borrower
- **Name:** SANKUER COMPOSITE TECHNOLOGIES INC
- **Address:** 36850 METRO CT, STERLING HEIGHTS, MI, 48312-1012
- **NAICS:** 335991
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $269K
- **Initial approval:** $269K
- **Forgiven:** $200K (74%)
- **Forgiveness date:** 09/10/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $269K
- **Jobs reported:** 20
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*