# PPP loan: SONOTRONIC INC.
> **$344K** approved 04/11/2021 · Paid in Full · Loan `2282948803`
## Borrower
- **Name:** SONOTRONIC INC.
- **Address:** 28025 Oakland Oaks Ct, Wixom, MI, 48393-3342
- **NAICS:** 333992
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $344K
- **Initial approval:** $344K
- **Forgiven:** $346K (100%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $344K
- **Jobs reported:** 19
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*