# PPP loan: MICHIGAN AGRIBUSINESS SOLUTIONS LLC
> **$246K** approved 04/04/2020 · Paid in Full · Loan `4729447000`
## Borrower
- **Name:** MICHIGAN AGRIBUSINESS SOLUTIONS LLC
- **Address:** 3050 Freeway Lane, SAGINAW, MI, 48601-6019
- **NAICS:** 115112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $246K
- **Initial approval:** $246K
- **Forgiven:** $247K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $228K
- **Rent:** $12K
- **Utilities:** $6K
- **Jobs reported:** 21
## Lender
- **Originating:** 1st State Bank
- **Servicing:** 1st State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*