# PPP loan: KURNCZ FARMS, INC
> **$229K** approved 04/27/2020 · Paid in Full · Loan `4226107208`
## Borrower
- **Name:** KURNCZ FARMS, INC
- **Address:** 4100 N GILSON RD, SAINT JOHNS, MI, 48879-9073
- **NAICS:** 112120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $229K
- **Initial approval:** $229K
- **Forgiven:** $231K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $183K
- **Mortgage interest:** $34K
- **Utilities:** $12K
- **Jobs reported:** 27
## 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*