# PPP loan: LANSING OPHTHALMOLOGY
> **$2.88M** approved 04/10/2020 · Paid in Full · Loan `1275497103`
## Borrower
- **Name:** LANSING OPHTHALMOLOGY
- **Address:** 2001 COOLIDGE RD, EAST LANSING, MI, 48823-1378
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.88M
- **Initial approval:** $2.88M
- **Forgiven:** $2.91M (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.95M
- **Utilities:** $576K
- **Health care:** $355K
- **Jobs reported:** 270
## 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*