# PPP loan: PRIORITY 1 LENDING LLC
> **$197K** approved 05/01/2020 · Paid in Full · Loan `6417347702`
## Borrower
- **Name:** PRIORITY 1 LENDING LLC
- **Address:** 38701 7 MILE RD STE 290, LIVONIA, MI, 48152-1091
- **NAICS:** 522310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $197K
- **Initial approval:** $197K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $197K
- **Jobs reported:** 47
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*