# PPP loan: JOANDY, INC.
> **$426K** approved 04/16/2020 · Paid in Full · Loan `2415987203`
## Borrower
- **Name:** JOANDY, INC.
- **Address:** 4721 East Beltline Ave NE, Grand Rapids, MI, 49525-9787
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $426K
- **Initial approval:** $426K
- **Forgiven:** $428K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $426K
- **Jobs reported:** 116
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*