# PPP loan: GREAT LAKES BELTING & SUPPLY CORPORATION
> **$170K** approved 04/27/2020 · Paid in Full · Loan `3934637210`
## Borrower
- **Name:** GREAT LAKES BELTING & SUPPLY CORPORATION
- **Address:** 142 AMPEY RD, PAW PAW, MI, 49079-1815
- **NAICS:** 339999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $140K
- **Rent:** $20K
- **Utilities:** $3K
- **Health care:** $5K
- **Debt interest:** $2K
- **Jobs reported:** 17
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*