# PPP loan: OLD VILLAGE DEVELOPMENT INC.
> **$199K** approved 01/19/2021 · Paid in Full · Loan `1648718304`
## Borrower
- **Name:** OLD VILLAGE DEVELOPMENT INC.
- **Address:** 700 Mall Dr, Portage, MI, 49024-1800
- **NAICS:** 531210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 11/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $199K
- **Jobs reported:** 15
## Lender
- **Originating:** Southern Michigan Bank & Trust
- **Servicing:** Southern Michigan Bank & Trust (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*