# PPP loan: MICHIGAN EDUCATION COUNCIL
> **$430K** approved 01/22/2021 · Paid in Full · Loan `3356678302`
## Borrower
- **Name:** MICHIGAN EDUCATION COUNCIL
- **Address:** 40440 Palmer Rd, Canton, MI, 48188-2034
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $430K
- **Initial approval:** $430K
- **Forgiven:** $435K (101%)
- **Forgiveness date:** 03/24/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $430K
- **Jobs reported:** 46
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*