# PPP loan: METRO CONTROLS INC.
> **$1.45M** approved 03/12/2021 · Paid in Full · Loan `9083098502`
## Borrower
- **Name:** METRO CONTROLS INC.
- **Address:** 22660 15 Mile Rd, Clinton Township, MI, 48035-3100
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.45M
- **Initial approval:** $1.45M
- **Forgiven:** $1.46M (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.45M
- **Utilities:** $1
- **Jobs reported:** 63
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*