# PPP loan: RCFC OF MICHIGAN INC.
> **$335K** approved 02/26/2021 · Paid in Full · Loan `4505908505`
## Borrower
- **Name:** RCFC OF MICHIGAN INC.
- **Address:** 3425 Lake Eastbrook Blvd SE, Grand Rapids, MI, 49546-5935
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $335K
- **Initial approval:** $335K
- **Forgiven:** $337K (101%)
- **Forgiveness date:** 10/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $335K
- **Utilities:** $1
- **Jobs reported:** 15
## 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*