# PPP loan: MICHIGAN OFFICE EQUIPMENT INC.
> **$200K** approved 01/27/2021 · Paid in Full · Loan `6903578300`
## Borrower
- **Name:** MICHIGAN OFFICE EQUIPMENT INC.
- **Address:** 177 Portage St, Kalamazoo, MI, 49007-4801
- **NAICS:** 423420
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $201K (100%)
- **Forgiveness date:** 07/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $200K
- **Utilities:** $1
- **Jobs reported:** 14
## 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*