# PPP loan: GREAT LAKES ENGINEERING GROUP, LLC
> **$499K** approved 04/07/2020 · Paid in Full · Loan `7590577002`
## Borrower
- **Name:** GREAT LAKES ENGINEERING GROUP, LLC
- **Address:** 934 Clark Street, LANSING, MI, 48906-5425
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $499K
- **Initial approval:** $499K
- **Forgiven:** $507K (102%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $399K
- **Rent:** $35K
- **Utilities:** $16K
- **Health care:** $48K
- **Jobs reported:** 24
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*