# PPP loan: AUXO INVESTMENT PARTNERS, LLC
> **$195K** approved 04/07/2020 · Paid in Full · Loan `6556517008`
## Borrower
- **Name:** AUXO INVESTMENT PARTNERS, LLC
- **Address:** 146 MONROE CENTER ST NW SUITE 1125, GRAND RAPIDS, MI, 49503-2800
- **NAICS:** 541611
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $189K
- **Rent:** $6K
- **Utilities:** $500
- **Jobs reported:** 9
## 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*