# PPP loan: KAM PLASTICS CORP ESOP
> **$1.77M** approved 01/22/2021 · Paid in Full · Loan `3899518307`
## Borrower
- **Name:** KAM PLASTICS CORP ESOP
- **Address:** 935 E 40th St, Holland, MI, 49423-5384
- **NAICS:** 326199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.77M
- **Initial approval:** $1.77M
- **Forgiven:** $1.78M (101%)
- **Forgiveness date:** 02/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.77M
- **Utilities:** $1
- **Jobs reported:** 175
## Lender
- **Originating:** Macatawa Bank
- **Servicing:** Macatawa Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*