# PPP loan: MICHIGAN NEUROLOGY ASSOCIATES, P.C.
> **$1.08M** approved 05/01/2020 · Paid in Full · Loan `1482537704`
## Borrower
- **Name:** MICHIGAN NEUROLOGY ASSOCIATES, P.C.
- **Address:** 19699 E Eight Mile Rd, St Clair Shores, MI, 48080
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.08M
- **Initial approval:** $1.08M
- **Forgiven:** $1.09M (101%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $841K
- **Rent:** $120K
- **Utilities:** $29K
- **Health care:** $76K
- **Debt interest:** $12K
- **Jobs reported:** 500
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*