# PPP loan: CODE TECH INC
> **$846K** approved 01/27/2021 · Paid in Full · Loan `7034168308`
## Borrower
- **Name:** CODE TECH INC
- **Address:** 24155 Drake Rd Ste 205, Farmington Hills, MI, 48335-3170
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $846K
- **Initial approval:** $846K
- **Forgiven:** $851K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $846K
- **Utilities:** $1
- **Jobs reported:** 44
## 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*