# PPP loan: ETHERTON ENTERPRISES INC
> **$198K** approved 04/30/2020 · Paid in Full · Loan `5242967300`
## Borrower
- **Name:** ETHERTON ENTERPRISES INC
- **Address:** 6655 Alpine Ave NW, Grand Rapids, MI, 49321-8000
- **NAICS:** 424990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 05/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $158K
- **Mortgage interest:** $40K
- **Jobs reported:** 12
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*