# PPP loan: THE DECC COMPANY INC
> **$966K** approved 04/07/2020 · Paid in Full · Loan `6505557009`
## Borrower
- **Name:** THE DECC COMPANY INC
- **Address:** 1266 WALLEN AVE, GRAND RAPIDS, MI, 49507-1529
- **NAICS:** 332812
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $966K
- **Initial approval:** $966K
- **Forgiven:** $971K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $725K
- **Rent:** $90K
- **Utilities:** $72K
- **Health care:** $75K
- **Debt interest:** $3K
- **Jobs reported:** 91
## 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*