# PPP loan: MIKE LOEHR & COMPANY, INC.
> **$267K** approved 04/10/2020 · Paid in Full · Loan `2400237100`
## Borrower
- **Name:** MIKE LOEHR & COMPANY, INC.
- **Address:** 5340 Legacy Dr. Suite 305, PLANO, TX, 75024-3121
- **NAICS:** 424490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $267K
- **Initial approval:** $267K
- **Forgiven:** $270K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $214K
- **Mortgage interest:** $53K
- **Jobs reported:** 16
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*