# PPP loan: MSVRG DOWNTOWN VENTURES LLC
> **$884K** approved 02/02/2021 · Paid in Full · Loan `1586838407`
## Borrower
- **Name:** MSVRG DOWNTOWN VENTURES LLC
- **Address:** 15 Research Dr, Ann Arbor, MI, 48103-2974
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $884K
- **Initial approval:** $884K
- **Forgiven:** $890K (101%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $884K
- **Utilities:** $1
- **Jobs reported:** 58
## Lender
- **Originating:** Bank of Ann Arbor
- **Servicing:** Bank of Ann Arbor (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*