# PPP loan: LATHRUP INDUSTRIES INC
> **$375K** approved 04/15/2020 · Paid in Full · Loan `8964747103`
## Borrower
- **Name:** LATHRUP INDUSTRIES INC
- **Address:** 42300 W Nine Mile Rd, Novi, MI, 48375-4103
- **NAICS:** 333922
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $375K
- **Initial approval:** $375K
- **Forgiven:** $377K (100%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $375K
- **Jobs reported:** 31
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*