# PPP loan: UNIVERSITY MOVING & STORAGE CO
> **$1.23M** approved 04/14/2020 · Paid in Full · Loan `7353097105`
## Borrower
- **Name:** UNIVERSITY MOVING & STORAGE CO
- **Address:** 23305 Commerce Drive, Farmington Hills, MI, 48335
- **NAICS:** 484121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.23M
- **Initial approval:** $1.23M
- **Forgiven:** $642K (52%)
- **Forgiveness date:** 05/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.23M
- **Jobs reported:** 111
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*