# PPP loan: CSM NEWCO, LLC
> **$1.07M** approved 04/09/2020 · Paid in Full · Loan `9980497007`
## Borrower
- **Name:** CSM NEWCO, LLC
- **Address:** 3536 Highland Dr, HUDSONVILLE, MI, 49426-1909
- **NAICS:** 561790
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $853K
- **Rent:** $71K
- **Mortgage interest:** $71K
- **Utilities:** $71K
- **Jobs reported:** 174
## Lender
- **Originating:** Horizon Bank
- **Servicing:** Horizon Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*