# PPP loan: CONSUMERS CONCRETE CORPORATION
> **$3.05M** approved 04/07/2020 · Paid in Full · Loan `6707157005`
## Borrower
- **Name:** CONSUMERS CONCRETE CORPORATION
- **Address:** 3506 Lovers Lane, KALAMAZOO, MI, 49001-4806
- **NAICS:** 327320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.05M
- **Initial approval:** $3.05M
- **Forgiven:** $3.09M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.38M
- **Rent:** $85K
- **Mortgage interest:** $37K
- **Utilities:** $133K
- **Health care:** $410K
- **Debt interest:** $10K
- **Jobs reported:** 214
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*