# PPP loan: DETROIT CHEMICAL & PAPER SUPPLY INC.
> **$256K** approved 01/29/2021 · Paid in Full · Loan `8209588302`
## Borrower
- **Name:** DETROIT CHEMICAL & PAPER SUPPLY INC.
- **Address:** 6990 Murthum Ave, Warren, MI, 48092-1243
- **NAICS:** 423490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $256K
- **Initial approval:** $256K
- **Forgiven:** $259K (101%)
- **Forgiveness date:** 04/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $256K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** Waterford Bank, National Association
- **Servicing:** Waterford Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*