# PPP loan: MULTIPLE INDUSTRIAL CORP.
> **$713K** approved 04/10/2020 · Paid in Full · Loan `2595097105`
## Borrower
- **Name:** MULTIPLE INDUSTRIAL CORP.
- **Address:** 33375 Glendale, Livonia, MI, 48150-1615
- **NAICS:** 423120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $713K
- **Initial approval:** $713K
- **Forgiven:** $717K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $713K
- **Jobs reported:** 48
## 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*