# PPP loan: DETROIT CORNICE & SLATE COMPANY INC.
> **$385K** approved 01/31/2021 · Paid in Full · Loan `9608078304`
## Borrower
- **Name:** DETROIT CORNICE & SLATE COMPANY INC.
- **Address:** 1315 Academy St, Ferndale, MI, 48220-2001
- **NAICS:** 238140
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $385K
- **Initial approval:** $385K
- **Forgiven:** $388K (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $385K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*