# PPP loan: DE HAAN BUILDERS, INC.
> **$156K** approved 04/06/2020 · Paid in Full · Loan `6162267002`
## Borrower
- **Name:** DE HAAN BUILDERS, INC.
- **Address:** 3299 HUDSON TRAIL DR, HUDSONVILLE, MI, 49426-7751
- **NAICS:** 236115
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $131K
- **Rent:** $6K
- **Utilities:** $3K
- **Health care:** $14K
- **Debt interest:** $870
- **Jobs reported:** 8
## 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*