# PPP loan: MICHIGAN HOME FOR THE ARMENIAN AGED INC
> **$300K** approved 04/30/2020 · Paid in Full · Loan `6887507304`
## Borrower
- **Name:** MICHIGAN HOME FOR THE ARMENIAN AGED INC
- **Address:** 15775 MIDDLEBELT RD, LIVONIA, MI, 48154-3809
- **NAICS:** 621610
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $303K
- **Forgiven:** $301K (100%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $300K
- **Jobs reported:** 52
## 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*