# PPP loan: MIDCITY VENTURES LLC
> **$150K** approved 05/06/2020 · Exemption 4 · Loan `2635947400`
## Borrower
- **Name:** MIDCITY VENTURES LLC
- **Address:** 3919 woodward, Detroit, MI, 48201
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $47K (31%)
- **Forgiveness date:** 10/04/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $150K
- **Jobs reported:** 25
## 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*