# PPP loan: JIM LEACH LLC
> **$222K** approved 04/06/2020 · Paid in Full · Loan `5886037004`
## Borrower
- **Name:** JIM LEACH LLC
- **Address:** 4064 Division Ave S, GRAND RAPIDS, MI, 49548-3369
- **NAICS:** 423440
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $222K
- **Initial approval:** $222K
- **Forgiven:** $224K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $208K
- **Health care:** $14K
- **Jobs reported:** 17
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*