# PPP loan: MARTHA'S VINEYARD, LTD.
> **$344K** approved 04/13/2020 · Paid in Full · Loan `5101057109`
## Borrower
- **Name:** MARTHA'S VINEYARD, LTD.
- **Address:** 200 UNION AVE NE, GRAND RAPIDS, MI, 49503-3451
- **NAICS:** 445310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $344K
- **Initial approval:** $344K
- **Forgiven:** $346K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $258K
- **Rent:** $46K
- **Utilities:** $40K
- **Jobs reported:** 36
## 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*