# PPP loan: AG INNOVATION LLC
> **$230K** approved 04/29/2020 · Paid in Full · Loan `4269527303`
## Borrower
- **Name:** AG INNOVATION LLC
- **Address:** 1720 Star Batt Drive, Rochester Hills, MI, 48309
- **NAICS:** 333249
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $232K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $184K
- **Rent:** $40K
- **Utilities:** $6K
- **Jobs reported:** 15
## Lender
- **Originating:** Bank Michigan
- **Servicing:** Bank Michigan (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*