# PPP loan: SEM ENTERPRISES INC
> **$177K** approved 03/12/2021 · Paid in Full · Loan `9238098508`
## Borrower
- **Name:** SEM ENTERPRISES INC
- **Address:** 19400 Northline Rd, Southgate, MI, 48195-2276
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $178K (101%)
- **Forgiveness date:** 11/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $177K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*