# PPP loan: PARK RITE VALET LLC
> **$317K** approved 02/26/2021 · Paid in Full · Loan `4505568510`
## Borrower
- **Name:** PARK RITE VALET LLC
- **Address:** 20750 Mack Ave, Grosse Pointe Woods, MI, 48236-1436
- **NAICS:** 812930
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $317K
- **Initial approval:** $317K
- **Forgiven:** $319K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $317K
- **Utilities:** $1
- **Jobs reported:** 118
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*