# PPP loan: JB REAL ESTATE DEVELOPMENT LLC
> **$184K** approved 04/07/2020 · Paid in Full · Loan `6817227003`
## Borrower
- **Name:** JB REAL ESTATE DEVELOPMENT LLC
- **Address:** 32 MARKET AVE SW Sutie 500, GRAND RAPIDS, MI, 49503-4047
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $184K
- **Initial approval:** $184K
- **Forgiven:** $186K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $147K
- **Mortgage interest:** $22K
- **Utilities:** $15K
- **Jobs reported:** 45
## 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*