# PPP loan: FABRI-TECH INC.
> **$434K** approved 02/12/2021 · Paid in Full · Loan `7964838402`
## Borrower
- **Name:** FABRI-TECH INC.
- **Address:** 6719 Pine Ridge Ct SW, Jenison, MI, 49428-9253
- **NAICS:** 541490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $434K
- **Initial approval:** $434K
- **Forgiven:** $437K (101%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $434K
- **Utilities:** $1
- **Jobs reported:** 41
## Lender
- **Originating:** Macatawa Bank
- **Servicing:** Macatawa Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*