# PPP loan: HEALTH NET OF WEST MICHIGAN
> **$311K** approved 04/06/2020 · Paid in Full · Loan `5941297005`
## Borrower
- **Name:** HEALTH NET OF WEST MICHIGAN
- **Address:** 620 CENTURY AVE SW, Suite 210, GRAND RAPIDS, MI, 49503-4905
- **NAICS:** 923120
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $311K
- **Initial approval:** $311K
- **Forgiven:** $314K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $256K
- **Rent:** $20K
- **Utilities:** $2K
- **Health care:** $34K
- **Jobs reported:** 36
## 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*