# PPP loan: MCNAUGHTON AND GUNN, INC.
> **$1.47M** approved 04/28/2020 · Paid in Full · Loan `8945557208`
## Borrower
- **Name:** MCNAUGHTON AND GUNN, INC.
- **Address:** 960 Woodland Dr E, Saline, MI, 48176-1634
- **NAICS:** 323117
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.47M
- **Initial approval:** $1.47M
- **Forgiven:** $1.49M (101%)
- **Forgiveness date:** 05/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.18M
- **Mortgage interest:** $294K
- **Jobs reported:** 147
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*