# PPP loan: MICHIGAN ASSOCIATION OF SCHOOL BOARDS
> **$375K** approved 04/15/2020 · Paid in Full · Loan `8688567100`
## Borrower
- **Name:** MICHIGAN ASSOCIATION OF SCHOOL BOARDS
- **Address:** 1001 CENTENNIAL WAY, LANSING, MI, 48917-8249
- **NAICS:** 921120
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $375K
- **Initial approval:** $375K
- **Forgiven:** $377K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $375K
- **Jobs reported:** 29
## Lender
- **Originating:** Capitol National Bank
- **Servicing:** Capitol National Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*