# PPP loan: ALTUS INDUSTRIES, INC.
> **$620K** approved 04/14/2020 · Paid in Full · Loan `7470907109`
## Borrower
- **Name:** ALTUS INDUSTRIES, INC.
- **Address:** 3731 NORTHRIDGE DR, GRAND RAPIDS, MI, 49544
- **NAICS:** 337214
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $620K
- **Initial approval:** $620K
- **Forgiven:** $626K (101%)
- **Forgiveness date:** 04/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $620K
- **Jobs reported:** 27
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*