# PPP loan: MEL TROTTER MINISTRIES
> **$1.08M** approved 04/07/2020 · Paid in Full · Loan `7642427006`
## Borrower
- **Name:** MEL TROTTER MINISTRIES
- **Address:** 225 COMMERCE AVE SW, GRAND RAPIDS, MI, 49503-4107
- **NAICS:** 624221
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.08M
- **Initial approval:** $1.08M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $969K
- **Rent:** $45K
- **Utilities:** $37K
- **Health care:** $26K
- **Jobs reported:** 108
## 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*