# PPP loan: AXLE OF DEARBORN, INC.
> **$987K** approved 04/09/2020 · Paid in Full · Loan `9119587002`
## Borrower
- **Name:** AXLE OF DEARBORN, INC.
- **Address:** 2000 W. 8 Mile 0.0, Ferndale, MI, 48220-2215
- **NAICS:** 811111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $987K
- **Initial approval:** $987K
- **Forgiven:** $1000K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $987K
- **Jobs reported:** 107
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*