# PPP loan: PRODUCTION SAW AND MACHINERY CO.
> **$1.38M** approved 04/28/2020 · Paid in Full · Loan `9806447204`
## Borrower
- **Name:** PRODUCTION SAW AND MACHINERY CO.
- **Address:** 9091 S Meridian Rd, Clarklake, MI, 49234-9613
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.38M
- **Initial approval:** $1.38M
- **Forgiven:** $1.39M (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.10M
- **Mortgage interest:** $275K
- **Jobs reported:** 130
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*