# PPP loan: CALHOUN FOUNDRY COMPANY, INC.
> **$357K** approved 04/08/2020 · Paid in Full · Loan `7849747005`
## Borrower
- **Name:** CALHOUN FOUNDRY COMPANY, INC.
- **Address:** 506 S. Clay Street, HOMER, MI, 49245-1359
- **NAICS:** 331511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $357K
- **Initial approval:** $357K
- **Forgiven:** $360K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $268K
- **Mortgage interest:** $18K
- **Utilities:** $71K
- **Jobs reported:** 40
## Lender
- **Originating:** County National Bank
- **Servicing:** County National Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*