# PPP loan: DONATO ENTERPRISES, INC.
> **$300K** approved 04/13/2020 · Paid in Full · Loan `4955327106`
## Borrower
- **Name:** DONATO ENTERPRISES, INC.
- **Address:** 81600 BELLE RIVER RD, MEMPHIS, MI, 48041-4484
- **NAICS:** 334513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $272K (91%)
- **Forgiveness date:** 04/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $240K
- **Rent:** $60K
- **Jobs reported:** 23
## Lender
- **Originating:** ChoiceOne Bank
- **Servicing:** ChoiceOne Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*