# PPP loan: PRESTIGE ENGINEERING RESOURCES & TECHNO
> **$1.42M** approved 02/04/2021 · Paid in Full · Loan `2953868402`
## Borrower
- **Name:** PRESTIGE ENGINEERING RESOURCES & TECHNO
- **Address:** 24700 Capital Blvd, Clinton Twp, MI, 48036-1350
- **NAICS:** 333111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.42M
- **Initial approval:** $1.42M
- **Forgiven:** $1.44M (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.42M
- **Utilities:** $1
- **Jobs reported:** 264
## 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*