# PPP loan: DOWNRIVER REFRIGERATION SUPPLY CO.
> **$531K** approved 04/28/2020 · Paid in Full · Loan `9929017204`
## Borrower
- **Name:** DOWNRIVER REFRIGERATION SUPPLY CO.
- **Address:** 38170 North Executive Drive, Westland, MI, 48185-1972
- **NAICS:** 423730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $531K
- **Initial approval:** $531K
- **Forgiven:** $537K (101%)
- **Forgiveness date:** 05/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $425K
- **Mortgage interest:** $106K
- **Jobs reported:** 42
## 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*