# PPP loan: MICHAEL FERRUCCI REPAIR INC
> **$279K** approved 03/17/2021 · Paid in Full · Loan `3566198603`
## Borrower
- **Name:** MICHAEL FERRUCCI REPAIR INC
- **Address:** 185 Route 109, West Babylon, NY, 11704-6211
- **NAICS:** 532412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $279K
- **Initial approval:** $279K
- **Forgiven:** $280K (101%)
- **Forgiveness date:** 11/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $279K
- **Utilities:** $1
- **Jobs reported:** 7
## Lender
- **Originating:** Dime Community 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*