# PPP loan: K5 RESTAURANTS LLC
> **$401K** approved 01/20/2021 · Paid in Full · Loan `2074948308`
## Borrower
- **Name:** K5 RESTAURANTS LLC
- **Address:** 2652 Maplewood Dr SE, Grand Rapids, MI, 49506-4759
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $401K
- **Initial approval:** $401K
- **Forgiven:** $404K (101%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $401K
- **Utilities:** $1
- **Jobs reported:** 65
## 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*