# PPP loan: MJ RASER ASSOCIATES INC
> **$644K** approved 01/19/2021 · Paid in Full · Loan `1615518307`
## Borrower
- **Name:** MJ RASER ASSOCIATES INC
- **Address:** 111 E Monroe St, Bangor, MI, 49013-1473
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $644K
- **Initial approval:** $644K
- **Forgiven:** $650K (101%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $644K
- **Utilities:** $1
- **Jobs reported:** 119
## Lender
- **Originating:** First National Bank of Michigan
- **Servicing:** First National Bank of Michigan (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*