# PPP loan: ARBOR CIRCLE CORPORATION
> **$2.61M** approved 04/05/2020 · Paid in Full · Loan `5379017004`
## Borrower
- **Name:** ARBOR CIRCLE CORPORATION
- **Address:** 1115 BALL AVE, GRAND RAPIDS, MI, 49505-5904
- **NAICS:** 624190
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.61M
- **Initial approval:** $2.61M
- **Forgiven:** $2.46M (94%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.61M
- **Jobs reported:** 284
## Lender
- **Originating:** Macatawa Bank
- **Servicing:** Macatawa Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*