# PPP loan: SWS-TRIMAC, INC.
> **$751K** approved 04/09/2020 · Paid in Full · Loan `9761797003`
## Borrower
- **Name:** SWS-TRIMAC, INC.
- **Address:** 5225 Davis, SAGINAW, MI, 48604-9419
- **NAICS:** 333517
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $751K
- **Initial approval:** $751K
- **Forgiven:** $757K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $651K
- **Rent:** $25K
- **Utilities:** $30K
- **Health care:** $35K
- **Debt interest:** $10K
- **Jobs reported:** 45
## Lender
- **Originating:** 1st State Bank
- **Servicing:** 1st State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*