# PPP loan: NEWCO DESIGN BUILD LLC
> **$647K** approved 02/20/2021 · Paid in Full · Loan `2318048502`
## Borrower
- **Name:** NEWCO DESIGN BUILD LLC
- **Address:** 4131 Roger B Chaffee Mem Dr SE, Grand Rapids, MI, 49548-3443
- **NAICS:** 236220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $647K
- **Initial approval:** $647K
- **Forgiven:** $652K (101%)
- **Forgiveness date:** 10/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $647K
- **Jobs reported:** 44
## Lender
- **Originating:** Lake Michigan CU
- **Servicing:** Lake Michigan CU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*