# PPP loan: MICHIGAN VIRTUAL UNIVERSITY
> **$2.18M** approved 04/16/2020 · Paid in Full · Loan `2850007207`
## Borrower
- **Name:** MICHIGAN VIRTUAL UNIVERSITY
- **Address:** 920 MUNICIPAL WAY, Lansing, MI, 48917-6835
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Unanswered
## Loan
- **Approval amount:** $2.18M
- **Initial approval:** $2.18M
- **Forgiven:** $2.21M (101%)
- **Forgiveness date:** 09/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.18M
- **Jobs reported:** 267
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*