# PPP loan: ASCENT CLOUD LLC
> **$1.39M** approved 04/30/2020 · Paid in Full · Loan `6400677308`
## Borrower
- **Name:** ASCENT CLOUD LLC
- **Address:** 28 W Adams Suite 800, DETROIT, MI, 48226
- **NAICS:** 561110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.39M
- **Initial approval:** $1.39M
- **Forgiven:** $1.40M (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.39M
- **Jobs reported:** 67
## 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*