# PPP loan: CAPITAL GRANITE, INC.
> **$459K** approved 04/03/2020 · Paid in Full · Loan `4398067009`
## Borrower
- **Name:** CAPITAL GRANITE, INC.
- **Address:** 6128 DIXIE HWY, BRIDGEPORT, MI, 48722-9618
- **NAICS:** 238140
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $459K
- **Initial approval:** $459K
- **Forgiven:** $463K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $385K
- **Rent:** $25K
- **Utilities:** $30K
- **Debt interest:** $19K
- **Jobs reported:** 33
## Lender
- **Originating:** 1st State Bank
- **Servicing:** 1st State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*