# PPP loan: CLEARY UNIVERSITY
> **$1.07M** approved 02/04/2021 · Exemption 4 · Loan `2867118404`
## Borrower
- **Name:** CLEARY UNIVERSITY
- **Address:** 3750 Cleary Dr, Howell, MI, 48843-6631
- **NAICS:** 611310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.01M (95%)
- **Forgiveness date:** 12/14/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.07M
- **Utilities:** $1
- **Jobs reported:** 184
## Lender
- **Originating:** Lake Trust CU
- **Servicing:** Lake Trust CU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*