# PPP loan: MUNRO & ASSOCIATES INC
> **$1.36M** approved 02/03/2021 · Paid in Full · Loan `2238488407`
## Borrower
- **Name:** MUNRO & ASSOCIATES INC
- **Address:** 1140 Centre Rd, Auburn Hills, MI, 48326-2602
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.36M
- **Initial approval:** $1.36M
- **Forgiven:** $1.37M (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.36M
- **Utilities:** $1
- **Jobs reported:** 58
## Lender
- **Originating:** Independent Bank
- **Servicing:** Independent Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*