# PPP loan: BELCHER & DENNIS CORPORAION
> **$589K** approved 04/27/2020 · Paid in Full · Loan `5424207209`
## Borrower
- **Name:** BELCHER & DENNIS CORPORAION
- **Address:** 4057 S Dort Hwy., DAVISON, MI, 48423
- **NAICS:** 485999
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $589K
- **Initial approval:** $589K
- **Forgiven:** $592K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $470K
- **Rent:** $10K
- **Mortgage interest:** $20K
- **Utilities:** $89K
- **Jobs reported:** 40
## Lender
- **Originating:** Madison Valley Bank
- **Servicing:** Madison Valley Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*