# PPP loan: MID COAST STUDIO INC
> **$387K** approved 01/20/2021 · Paid in Full · Loan `2489378305`
## Borrower
- **Name:** MID COAST STUDIO INC
- **Address:** 2616 Industrial Row Dr, Troy, MI, 48084-7036
- **NAICS:** 512240
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $387K
- **Initial approval:** $387K
- **Forgiven:** $390K (101%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $387K
- **Jobs reported:** 15
## 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*