# PPP loan: CRANE COST & CARE, INC.
> **$496K** approved 04/08/2020 · Paid in Full · Loan `7836187004`
## Borrower
- **Name:** CRANE COST & CARE, INC.
- **Address:** 865 SOUTH FORT ST, DETROIT, MI, 48217-1404
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $496K
- **Initial approval:** $496K
- **Forgiven:** $500K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $496K
- **Jobs reported:** 21
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*