# PPP loan: MICHAEL'S FURNITURE GALLERIES INC.
> **$152K** approved 02/27/2021 · Paid in Full · Loan `5292998510`
## Borrower
- **Name:** MICHAEL'S FURNITURE GALLERIES INC.
- **Address:** 3859 South St, Lafayette, IN, 47905-4872
- **NAICS:** 442110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $152K
- **Jobs reported:** 19
## 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*