# PPP loan: INVICARA INC.
> **$321K** approved 04/27/2020 · Paid in Full · Loan `4762457201`
## Borrower
- **Name:** INVICARA INC.
- **Address:** 2000 Town Center, Suite 1800, SOUTHFIELD, MI, 48075-1165
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $321K
- **Initial approval:** $321K
- **Forgiven:** $325K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $321K
- **Jobs reported:** 10
## 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*