# PPP loan: PERCEPTIVE CONTROLS, INC.
> **$250K** approved 04/07/2020 · Paid in Full · Loan `7540617003`
## Borrower
- **Name:** PERCEPTIVE CONTROLS, INC.
- **Address:** 140 BRIDGE ST, PLAINWELL, MI, 49080-1718
- **NAICS:** 334513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 12/21/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Jobs reported:** 13
## Lender
- **Originating:** First National Bank of Michigan
- **Servicing:** First National Bank of Michigan (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*