# PPP loan: RESIDENT ADVANCEMENT INC
> **$1.07M** approved 04/14/2020 · Paid in Full · Loan `6085487102`
## Borrower
- **Name:** RESIDENT ADVANCEMENT INC
- **Address:** 411 S LEROY ST, FENTON, MI, 48430
- **NAICS:** 621420
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.07M
- **Jobs reported:** 180
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*