# PPP loan: NEXTRINSIC CORP.
> **$206K** approved 04/28/2020 · Paid in Full · Loan `6691487200`
## Borrower
- **Name:** NEXTRINSIC CORP.
- **Address:** 18481 W. 10 Mile Rd. Suite 202, Southfield, MI, 48075-2621
- **NAICS:** 561320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Forgiven:** $209K (101%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $165K
- **Mortgage interest:** $41K
- **Jobs reported:** 22
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*