# PPP loan: CENTRAL RESTORATION, INC.
> **$180K** approved 04/07/2020 · Paid in Full · Loan `6806387010`
## Borrower
- **Name:** CENTRAL RESTORATION, INC.
- **Address:** 586 INDUSTRIAL DR, CLARE, MI, 48617-9160
- **NAICS:** 236118
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $181K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $137K
- **Rent:** $8K
- **Mortgage interest:** $2K
- **Utilities:** $2K
- **Health care:** $4K
- **Debt interest:** $27K
- **Jobs reported:** 15
## 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*