# PPP loan: MPI ENGINEERED TECHNOLOGIES LLC
> **$7.11M** approved 04/06/2020 · Paid in Full · Loan `6305927008`
## Borrower
- **Name:** MPI ENGINEERED TECHNOLOGIES LLC
- **Address:** 2129 AUSTIN AVE, ROCHESTER HILLS, MI, 48309-3668
- **NAICS:** 336370
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $7.11M
- **Initial approval:** $7.11M
- **Forgiven:** $5.17M (73%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $7.11M
- **Jobs reported:** 500
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*