# PPP loan: TROOST SERVICE COMPANY INC
> **$216K** approved 04/10/2020 · Paid in Full · Loan `1476237102`
## Borrower
- **Name:** TROOST SERVICE COMPANY INC
- **Address:** 838 WEST RIVER CENTER DR SUITE A, COMSTOCK PARK, MI, 49321-9024
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $216K
- **Initial approval:** $216K
- **Forgiven:** $217K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $182K
- **Rent:** $15K
- **Utilities:** $600
- **Health care:** $19K
- **Jobs reported:** 15
## 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*