# PPP loan: NARENS ASSOCIATES, INC.
> **$230K** approved 04/12/2020 · Paid in Full · Loan `4014757104`
## Borrower
- **Name:** NARENS ASSOCIATES, INC.
- **Address:** 30903 Northwestern Highway Suite 220, Farmington Hills, MI, 48334-2516
- **NAICS:** 441310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $232K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $230K
- **Jobs reported:** 13
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*