# PPP loan: ADVANCED MECHATRONICS
> **$322K** approved 04/07/2020 · Paid in Full · Loan `6972197007`
## Borrower
- **Name:** ADVANCED MECHATRONICS
- **Address:** 6059 NORTON CENTER DR, NORTON SHORES, MI, 49441-6082
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $322K
- **Initial approval:** $322K
- **Forgiven:** $324K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $322K
- **Jobs reported:** 18
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*