# PPP loan: CUP AQUISITION, LLC
> **$2.25M** approved 04/07/2020 · Paid in Full · Loan `7071597006`
## Borrower
- **Name:** CUP AQUISITION, LLC
- **Address:** 2535 Waldorf Ct. NW, GRAND RAPIDS, MI, 49544-1469
- **NAICS:** 326121
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.25M
- **Initial approval:** $2.25M
- **Forgiven:** $2.28M (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.64M
- **Rent:** $267K
- **Utilities:** $129K
- **Health care:** $214K
- **Jobs reported:** 188
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*