# PPP loan: FUTURE INSURANCE AGENCY, INC.
> **$267K** approved 04/10/2020 · Paid in Full · Loan `1517617106`
## Borrower
- **Name:** FUTURE INSURANCE AGENCY, INC.
- **Address:** 5580 State Street Suite 1, SAGINAW, MI, 48603-3485
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $267K
- **Initial approval:** $267K
- **Forgiven:** $269K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $242K
- **Rent:** $10K
- **Utilities:** $5K
- **Health care:** $10K
- **Jobs reported:** 23
## Lender
- **Originating:** 1st State Bank
- **Servicing:** 1st State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*