# PPP loan: ALTERNATE NUMBER FIVE, INC.
> **$1.36M** approved 04/07/2020 · Paid in Full · Loan `6663697000`
## Borrower
- **Name:** ALTERNATE NUMBER FIVE, INC.
- **Address:** 11059 West Olive Rd., GRAND HAVEN, MI, 49417-9682
- **NAICS:** 332999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.36M
- **Initial approval:** $1.36M
- **Forgiven:** $1.37M (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $988K
- **Rent:** $96K
- **Utilities:** $110K
- **Health care:** $100K
- **Debt interest:** $65K
- **Jobs reported:** 144
## 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*