# PPP loan: MICHIGAN MASONIC HOME
> **$4.11M** approved 04/11/2020 · Paid in Full · Loan `3618247100`
## Borrower
- **Name:** MICHIGAN MASONIC HOME
- **Address:** 1200 Wright Ave, ALMA, MI, 48801-1133
- **NAICS:** 623311
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.11M
- **Initial approval:** $4.11M
- **Forgiven:** $4.15M (101%)
- **Forgiveness date:** 06/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.11M
- **Jobs reported:** 489
## 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*