# PPP loan: RYAN'S NORTHEND AUTO PARTS INC
> **$195K** approved 01/25/2021 · Paid in Full · Loan `5242438301`
## Borrower
- **Name:** RYAN'S NORTHEND AUTO PARTS INC
- **Address:** 10601 Northend Ave, Ferndale, MI, 48220-2136
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $195K
- **Utilities:** $1
- **Jobs reported:** 25
## 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*