# PPP loan: BOCO ENTERPRISES, INC.
> **$443K** approved 04/13/2020 · Paid in Full · Loan `5060957100`
## Borrower
- **Name:** BOCO ENTERPRISES, INC.
- **Address:** 46100 GRAND RIVER AVE, NOVI, MI, 48374-1317
- **NAICS:** 561210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $443K
- **Initial approval:** $443K
- **Forgiven:** $448K (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $354K
- **Rent:** $89K
- **Jobs reported:** 110
## 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*