# PPP loan: CHAPPELLE DEVELOPMENT COMPANY
> **$249K** approved 02/10/2021 · Paid in Full · Loan `6210398400`
## Borrower
- **Name:** CHAPPELLE DEVELOPMENT COMPANY
- **Address:** 5030 Northwind Dr Ste 120, East Lansing, MI, 48823-5007
- **NAICS:** 531311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 12/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $249K
- **Utilities:** $1
- **Jobs reported:** 29
## Lender
- **Originating:** Heartland Bank
- **Servicing:** Heartland Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*