# PPP loan: PAK MANAGEMENT OF MICHIGAN INC
> **$472K** approved 04/11/2020 · Paid in Full · Loan `3159367101`
## Borrower
- **Name:** PAK MANAGEMENT OF MICHIGAN INC
- **Address:** 45780 NORTHGRATIOT AVE, MACOMB, MI, 48042-5447
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $472K
- **Initial approval:** $472K
- **Forgiven:** $477K (101%)
- **Forgiveness date:** 04/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $360K
- **Rent:** $83K
- **Utilities:** $18K
- **Debt interest:** $10K
- **Jobs reported:** 151
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*