# PPP loan: CARETECH SOLUTIONS, INC.
> **$4.70M** approved 04/28/2020 · Paid in Full · Loan `9878497207`
## Borrower
- **Name:** CARETECH SOLUTIONS, INC.
- **Address:** 3270 BIG BEAVER RD, TROY, MI, 48084-2901
- **NAICS:** 518210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.70M
- **Initial approval:** $4.70M
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.76M
- **Mortgage interest:** $940K
- **Jobs reported:** 320
## 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*