# PPP loan: 1 WAY SERVICE, INC.
> **$2.36M** approved 04/07/2020 · Paid in Full · Loan `6769237000`
## Borrower
- **Name:** 1 WAY SERVICE, INC.
- **Address:** 65 CADILLAC SQ, DETROIT, MI, 48226-2812
- **NAICS:** 238910
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.36M
- **Initial approval:** $2.36M
- **Forgiven:** $2.39M (101%)
- **Forgiveness date:** 06/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.36M
- **Jobs reported:** 232
## 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*