# PPP loan: SANCHES CONSTRUCTION CO.
> **$218K** approved 05/01/2020 · Paid in Full · Loan `9010717305`
## Borrower
- **Name:** SANCHES CONSTRUCTION CO.
- **Address:** 3508 WOOD ST, LANSING, MI, 48906-1769
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $221K (101%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $174K
- **Mortgage interest:** $44K
- **Jobs reported:** 19
## 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*