# PPP loan: REICHENBACH CEILING & PARTITION CO.
> **$1.21M** approved 02/02/2021 · Paid in Full · Loan `1797808409`
## Borrower
- **Name:** REICHENBACH CEILING & PARTITION CO.
- **Address:** 2855 Jolly Rd, Okemos, MI, 48864-3547
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.21M
- **Initial approval:** $1.21M
- **Forgiven:** $1.22M (101%)
- **Forgiveness date:** 11/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.21M
- **Jobs reported:** 120
## 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*