# PPP loan: MICHAELS CAR CENTER INC
> **$333K** approved 04/08/2020 · Paid in Full · Loan `8093487003`
## Borrower
- **Name:** MICHAELS CAR CENTER INC
- **Address:** 4371 24TH AVE, FORT GRATIOT, MI, 48059-3858
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $333K
- **Initial approval:** $333K
- **Forgiven:** $336K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $333K
- **Jobs reported:** 30
## Lender
- **Originating:** Eastern Michigan Bank
- **Servicing:** Eastern Michigan Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*