# PPP loan: 5THGEN INC
> **$1.60M** approved 04/11/2020 · Paid in Full · Loan `3355027101`
## Borrower
- **Name:** 5THGEN INC
- **Address:** 3100 Walkent Dr NW, GRAND RAPIDS, MI, 49544-1402
- **NAICS:** 323111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.60M
- **Initial approval:** $1.60M
- **Forgiven:** $1.61M (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.60M
- **Jobs reported:** 110
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*