# PPP loan: ARTERRA REALTY MICHIGAN, LLC
> **$594K** approved 04/28/2020 · Exemption 4 · Loan `7245797204`
## Borrower
- **Name:** ARTERRA REALTY MICHIGAN, LLC
- **Address:** 425 S. Main Street, ROCHESTER, MI, 48307-6730
- **NAICS:** 531210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $594K
- **Initial approval:** $594K
- **Forgiven:** $334K (56%)
- **Forgiveness date:** 06/15/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $594K
- **Jobs reported:** 12
## 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*