# PPP loan: SUPERIOR MANAGEMENT GROUP INC
> **$697K** approved 03/12/2021 · Exemption 4 · Loan `9147758510`
## Borrower
- **Name:** SUPERIOR MANAGEMENT GROUP INC
- **Address:** 6525 N Jerome Rd, Alma, MI, 48801-9706
- **NAICS:** 447110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $697K
- **Initial approval:** $697K
- **Forgiven:** $433K (62%)
- **Forgiveness date:** 02/03/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $697K
- **Utilities:** $1
- **Jobs reported:** 68
## Lender
- **Originating:** Commercial Bank
- **Servicing:** Commercial Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*