# PPP loan: DURAN CONTRACTORS INC
> **$303K** approved 06/29/2020 · Paid in Full · Loan `5621528010`
## Borrower
- **Name:** DURAN CONTRACTORS INC
- **Address:** 3729 LINDEN AVE, GRAND RAPIDS, MI, 49548-3427
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $303K
- **Initial approval:** $303K
- **Forgiven:** $305K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $298K
- **Rent:** $5K
- **Jobs reported:** 28
## 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*