# PPP loan: MICHIGAN MODERN PSYCHOLOGY GROUP, PLLC
> **$329K** approved 04/15/2020 · Exemption 4 · Loan `8060307108`
## Borrower
- **Name:** MICHIGAN MODERN PSYCHOLOGY GROUP, PLLC
- **Address:** 835 Mason St SUITE 220B, DEARBORN, MI, 48124
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $329K
- **Initial approval:** $329K
- **Forgiven:** $92K (28%)
- **Forgiveness date:** 12/29/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $329K
- **Jobs reported:** 8
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*