# PPP loan: METHODS AND EQUIPMENT ASSOCIATES INC.
> **$169K** approved 04/27/2020 · Paid in Full · Loan `5287797203`
## Borrower
- **Name:** METHODS AND EQUIPMENT ASSOCIATES INC.
- **Address:** 31731 Glendale Ave., Livonia, MI, 48150-1828
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $146K (86%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $136K
- **Mortgage interest:** $34K
- **Jobs reported:** 12
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*