# PPP loan: MICHIGAN EYECARE INSTITUTE, P.C.
> **$482K** approved 04/30/2020 · Paid in Full · Loan `5900897306`
## Borrower
- **Name:** MICHIGAN EYECARE INSTITUTE, P.C.
- **Address:** 29877 TELEGRAPH RD SUITE 100, SOUTHFIELD, MI, 48034-7658
- **NAICS:** 621320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $482K
- **Initial approval:** $482K
- **Forgiven:** $485K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $482K
- **Jobs reported:** 51
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*