# PPP loan: GRANCO CLARK INC.
> **$1.40M** approved 01/27/2021 · Paid in Full · Loan `6918948307`
## Borrower
- **Name:** GRANCO CLARK INC.
- **Address:** 7298 Storey Rd, Belding, MI, 48809-9360
- **NAICS:** 339999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.40M
- **Initial approval:** $1.40M
- **Forgiven:** $1.41M (101%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.40M
- **Jobs reported:** 105
## 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*