# PPP loan: LANZEN, INCORPORATED
> **$2.62M** approved 04/28/2020 · Paid in Full · Loan `9016797210`
## Borrower
- **Name:** LANZEN, INCORPORATED
- **Address:** 100 Peyerk Court, Romeo, MI, 48065-4921
- **NAICS:** 332322
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.62M
- **Initial approval:** $2.62M
- **Forgiven:** $2.66M (101%)
- **Forgiveness date:** 07/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.10M
- **Mortgage interest:** $525K
- **Jobs reported:** 185
## 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*