# PPP loan: GRAY INSTITUTE FOR FUNCTIONAL TRANSFORMATION
> **$157K** approved 01/23/2021 · Paid in Full · Loan `4560248304`
## Borrower
- **Name:** GRAY INSTITUTE FOR FUNCTIONAL TRANSFORMATION
- **Address:** 5353 W US Highway 223 Ste B, Adrian, MI, 49221-8901
- **NAICS:** 611710
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $158K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $157K
- **Jobs reported:** 9
## Lender
- **Originating:** Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*