# PPP loan: IT RESOURCE, INC.
> **$472K** approved 04/13/2020 · Paid in Full · Loan `5348227103`
## Borrower
- **Name:** IT RESOURCE, INC.
- **Address:** 701 W. RANDALL ST, COOPERSVILLE, MI, 49404-1307
- **NAICS:** 541512
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $472K
- **Initial approval:** $472K
- **Forgiven:** $478K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $472K
- **Jobs reported:** 11
## 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*