# PPP loan: MISSION POINT OF BELDING, LLC
> **$953K** approved 04/11/2020 · Paid in Full · Loan `3498787103`
## Borrower
- **Name:** MISSION POINT OF BELDING, LLC
- **Address:** 414 E STATE ST, BELDING, MI, 48809-2200
- **NAICS:** 623110
- **Business type:** Sole Proprietorship
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $953K
- **Initial approval:** $953K
- **Forgiven:** $964K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $800K
- **Rent:** $70K
- **Utilities:** $13K
- **Health care:** $70K
- **Jobs reported:** 162
## 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*