# PPP loan: NANTUCKET BAKING COMPANY, LLC
> **$249K** approved 04/13/2020 · Paid in Full · Loan `5043457101`
## Borrower
- **Name:** NANTUCKET BAKING COMPANY, LLC
- **Address:** 200 UNION AVE NE, GRAND RAPIDS, MI, 49503-3451
- **NAICS:** 311812
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $186K
- **Rent:** $31K
- **Utilities:** $31K
- **Jobs reported:** 35
## Lender
- **Originating:** United Bank of Michigan
- **Servicing:** United Bank of Michigan (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*