# PPP loan: APPLAUSE FOR ACE, L.L.C.
> **$157K** approved 05/11/2020 · Paid in Full · Loan `4945437405`
## Borrower
- **Name:** APPLAUSE FOR ACE, L.L.C.
- **Address:** 3755 BROADMOOR AVE SE, STE C, GRAND RAPIDS, MI, 49512-3964
- **NAICS:** 722320
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $92K (59%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $108K
- **Rent:** $31K
- **Utilities:** $8K
- **Health care:** $10K
- **Jobs reported:** 48
## Lender
- **Originating:** Union Bank
- **Servicing:** Union Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*