# PPP loan: SAVANT AUTOMATION INC
> **$522K** approved 01/21/2021 · Paid in Full · Loan `3180448309`
## Borrower
- **Name:** SAVANT AUTOMATION INC
- **Address:** 2748 Courier Dr NW Ste A, Grand Rapids, MI, 49534-1267
- **NAICS:** 336390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $522K
- **Initial approval:** $522K
- **Forgiven:** $526K (101%)
- **Forgiveness date:** 10/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $522K
- **Utilities:** $1
- **Jobs reported:** 25
## 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*