# PPP loan: ANDY J. EGAN CO., INC.
> **$6.17M** approved 04/07/2020 · Paid in Full · Loan `6822367004`
## Borrower
- **Name:** ANDY J. EGAN CO., INC.
- **Address:** 2001 WALDORF ST NW, GRAND RAPIDS, MI, 49544-1437
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.17M
- **Initial approval:** $6.17M
- **Forgiven:** $6.24M (101%)
- **Forgiveness date:** 05/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.21M
- **Rent:** $136K
- **Utilities:** $26K
- **Health care:** $783K
- **Debt interest:** $19K
- **Jobs reported:** 315
## 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*