# PPP loan: THE CARSWELL GROUP, INC
> **$4.27M** approved 04/09/2020 · Paid in Full · Loan `9019587005`
## Borrower
- **Name:** THE CARSWELL GROUP, INC
- **Address:** 14381 NORTH RD, FENTON, MI, 48430-1336
- **NAICS:** 531311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.27M
- **Initial approval:** $4.27M
- **Forgiven:** $4.32M (101%)
- **Forgiveness date:** 07/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.41M
- **Mortgage interest:** $853K
- **Jobs reported:** 476
## 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*