# PPP loan: MRI VENTURES INC
> **$301K** approved 04/15/2020 · Paid in Full · Loan `8434307103`
## Borrower
- **Name:** MRI VENTURES INC
- **Address:** 570 Moors Rd, GILBERTSVILLE, KY, 42044
- **NAICS:** 336612
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $301K
- **Initial approval:** $301K
- **Forgiven:** $304K (101%)
- **Forgiveness date:** 07/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $240K
- **Mortgage interest:** $30K
- **Utilities:** $30K
- **Jobs reported:** 54
## Lender
- **Originating:** The City National Bank of Metropolis
- **Servicing:** The City National Bank of Metropolis (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*