# PPP loan: RIVERBEND BODY SHOP, INC.
> **$494K** approved 04/09/2020 · Paid in Full · Loan `1100697102`
## Borrower
- **Name:** RIVERBEND BODY SHOP, INC.
- **Address:** 4141 LAKE MICHIGAN DR, GRAND RAPIDS, MI, 49534-4526
- **NAICS:** 811121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $494K
- **Initial approval:** $494K
- **Forgiven:** $498K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $410K
- **Rent:** $28K
- **Utilities:** $16K
- **Health care:** $40K
- **Jobs reported:** 31
## Lender
- **Originating:** United Bank of Michigan
- **Servicing:** United Bank of Michigan (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*