# PPP loan: PURFORMS INC.
> **$400K** approved 01/22/2021 · Paid in Full · Loan `3711328308`
## Borrower
- **Name:** PURFORMS INC.
- **Address:** 615 Chatham St, Lowell, MI, 49331-1356
- **NAICS:** 326150
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $400K
- **Initial approval:** $400K
- **Forgiven:** $402K (100%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $400K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*