# PPP loan: SPRING MEADOW NURSERY, INC.
> **$1.51M** approved 04/10/2020 · Paid in Full · Loan `2090227101`
## Borrower
- **Name:** SPRING MEADOW NURSERY, INC.
- **Address:** 12601 120th Avenue, GRAND HAVEN, MI, 49417-8617
- **NAICS:** 111421
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.51M
- **Initial approval:** $1.51M
- **Forgiven:** $1.52M (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.21M
- **Mortgage interest:** $151K
- **Utilities:** $151K
- **Jobs reported:** 185
## Lender
- **Originating:** Greenstone Farm Credit Services, ACA
- **Servicing:** Greenstone Farm Credit Services, ACA (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*