# PPP loan: EUGENIO PAINTING COMPANY
> **$1.42M** approved 02/05/2021 · Exemption 4 · Loan `3651938409`
## Borrower
- **Name:** EUGENIO PAINTING COMPANY
- **Address:** 19807 Mack Ave, Grosse Pointe Woods, MI, 48236-2505
- **NAICS:** 238320
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.42M
- **Initial approval:** $1.42M
- **Forgiven:** $1.16M (82%)
- **Forgiveness date:** 07/21/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.42M
- **Utilities:** $1
- **Jobs reported:** 85
## 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*