# PPP loan: VANDAM & KRUSINGA BUILDING CONTRACTORS, INC
> **$660K** approved 04/07/2020 · Paid in Full · Loan `7168847005`
## Borrower
- **Name:** VANDAM & KRUSINGA BUILDING CONTRACTORS, INC
- **Address:** 7858 RAVINE ROAD, KALAMAZOO, MI, 49009-9056
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $660K
- **Initial approval:** $660K
- **Forgiven:** $664K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $540K
- **Rent:** $30K
- **Utilities:** $20K
- **Health care:** $70K
- **Jobs reported:** 56
## 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*