# PPP loan: MBA TECH INC
> **$1.46M** approved 04/14/2020 · Paid in Full · Loan `7038477101`
## Borrower
- **Name:** MBA TECH INC
- **Address:** 2400 STEPHENSON HWY, TROY, MI, 48083-2171
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.46M
- **Initial approval:** $1.46M
- **Forgiven:** $1.20M (82%)
- **Forgiveness date:** 05/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.46M
- **Jobs reported:** 100
## Lender
- **Originating:** Independent Bank
- **Servicing:** Independent Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*