# PPP loan: CIG CAPITAL ADVISORS, INC.
> **$351K** approved 05/01/2020 · Paid in Full · Loan `8074997302`
## Borrower
- **Name:** CIG CAPITAL ADVISORS, INC.
- **Address:** 1000 TOWN CTR STE 2500, SOUTHFIELD, MI, 48075-1230
- **NAICS:** 522320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $351K
- **Initial approval:** $360K
- **Forgiven:** $357K (102%)
- **Forgiveness date:** 02/15/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $351K
- **Jobs reported:** 16
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*