# PPP loan: POTESTIVO & ASSOCIATES A PROFESSIONAL CORPORATION
> **$600K** approved 01/27/2021 · Paid in Full · Loan `7088068308`
## Borrower
- **Name:** POTESTIVO & ASSOCIATES A PROFESSIONAL CORPORATION
- **Address:** 251 Diversion St, Rochester Hills, MI, 48307-2209
- **NAICS:** 541110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $600K
- **Initial approval:** $600K
- **Forgiven:** $607K (101%)
- **Forgiveness date:** 03/29/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $600K
- **Utilities:** $1
- **Jobs reported:** 56
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*