# PPP loan: APEX SPRING & STAMPING CORPORATION
> **$1.07M** approved 04/04/2020 · Paid in Full · Loan `4877217003`
## Borrower
- **Name:** APEX SPRING & STAMPING CORPORATION
- **Address:** 11420 1ST AVE, GRAND RAPIDS, MI, 49534-3399
- **NAICS:** 332613
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 11/20/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.07M
- **Jobs reported:** 66
## 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*