# PPP loan: DETROIT FLEXIBLE METAL PRODUCTS COMPANY
> **$522K** approved 01/31/2021 · Paid in Full · Loan `9730798301`
## Borrower
- **Name:** DETROIT FLEXIBLE METAL PRODUCTS COMPANY
- **Address:** 2921 Industrial Row Dr, Troy, MI, 48084-7042
- **NAICS:** 326220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $522K
- **Initial approval:** $522K
- **Forgiven:** $525K (101%)
- **Forgiveness date:** 09/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $522K
- **Jobs reported:** 47
## 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*