# PPP loan: WOLVERINE STEEL ERECTORS INC
> **$949K** approved 04/09/2020 · Paid in Full · Loan `9625597008`
## Borrower
- **Name:** WOLVERINE STEEL ERECTORS INC
- **Address:** 8150 JACKSON RD, ANN ARBOR, MI, 48103-9569
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $949K
- **Initial approval:** $949K
- **Forgiven:** $956K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $712K
- **Mortgage interest:** $237K
- **Jobs reported:** 56
## Lender
- **Originating:** Chelsea State Bank
- **Servicing:** Chelsea State Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*