# PPP loan: 8 MILE PROS LLC
> **$152K** approved 04/28/2020 · Paid in Full · Loan `6718047209`
## Borrower
- **Name:** 8 MILE PROS LLC
- **Address:** 4547 East 8 Mile Road, Warren, MI, 48091
- **NAICS:** 444220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $154K (101%)
- **Forgiveness date:** 05/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $137K
- **Mortgage interest:** $11K
- **Utilities:** $5K
- **Jobs reported:** 25
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*