# PPP loan: CARDINAL FABRICATING, INC.
> **$528K** approved 04/09/2020 · Paid in Full · Loan `8928227005`
## Borrower
- **Name:** CARDINAL FABRICATING, INC.
- **Address:** 3424 CORWIN RD, WILLIAMSTON, MI, 48895-9711
- **NAICS:** 331221
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $528K
- **Initial approval:** $528K
- **Forgiven:** $530K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $443K
- **Utilities:** $13K
- **Health care:** $37K
- **Debt interest:** $34K
- **Jobs reported:** 32
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*