# PPP loan: BUSINESS CARDS PLUS INC
> **$198K** approved 02/04/2021 · Exemption 4 · Loan `3187678409`
## Borrower
- **Name:** BUSINESS CARDS PLUS INC
- **Address:** 8785 Portage Industrial Dr, Portage, MI, 49024-6148
- **NAICS:** 323111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $180K (91%)
- **Forgiveness date:** 05/05/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $198K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** First National Bank of Michigan
- **Servicing:** First National Bank of Michigan (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*