# PPP loan: ACCRETIVE CAPITAL LLC
> **$700K** approved 04/27/2020 · Paid in Full · Loan `5081247207`
## Borrower
- **Name:** ACCRETIVE CAPITAL LLC
- **Address:** 1 Campus Martius Suite 200, Detroit, MI, 48226
- **NAICS:** 519110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $700K
- **Initial approval:** $700K
- **Forgiven:** $704K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $560K
- **Rent:** $45K
- **Mortgage interest:** $83K
- **Utilities:** $12K
- **Jobs reported:** 43
## 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*