# PPP loan: MICHIGAN SOFT WATER OF WESTERN
> **$688K** approved 05/01/2020 · Paid in Full · Loan `2764227708`
## Borrower
- **Name:** MICHIGAN SOFT WATER OF WESTERN
- **Address:** ATTN PAUL MAHANEY 2075 E M 78, EAST LANSING, MI, 48823
- **NAICS:** 561990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $688K
- **Initial approval:** $688K
- **Forgiven:** $694K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $661K
- **Utilities:** $3K
- **Health care:** $24K
- **Jobs reported:** 151
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*