# PPP loan: MAYFAIR INSURANCE AGENCY, INC.
> **$357K** approved 04/11/2020 · Paid in Full · Loan `2602887105`
## Borrower
- **Name:** MAYFAIR INSURANCE AGENCY, INC.
- **Address:** 8031 Ortonville Rd. Suite 100, Clarkston, MI, 48348-4457
- **NAICS:** 524210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $357K
- **Initial approval:** $357K
- **Forgiven:** $359K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $357K
- **Jobs reported:** 24
## 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*