# PPP loan: S.F. GILMORE INC
> **$1.15M** approved 04/07/2020 · Paid in Full · Loan `6998037003`
## Borrower
- **Name:** S.F. GILMORE INC
- **Address:** 321 Terminal St SW, GRAND RAPIDS, MI, 49548-1018
- **NAICS:** 337211
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.15M
- **Initial approval:** $1.15M
- **Forgiven:** $1.16M (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $776K
- **Rent:** $148K
- **Utilities:** $57K
- **Health care:** $168K
- **Jobs reported:** 115
## 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*