# PPP loan: KOROTKIN INSURANCE GROUP, INC.
> **$505K** approved 04/10/2020 · Paid in Full · Loan `2206217101`
## Borrower
- **Name:** KOROTKIN INSURANCE GROUP, INC.
- **Address:** 26877 Northwestern Hwy Ste 400, Southfield, MI, 48033-2140
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $505K
- **Initial approval:** $505K
- **Forgiven:** $509K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $505K
- **Jobs reported:** 50
## Lender
- **Originating:** Superior National Bank
- **Servicing:** Superior National Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*