# PPP loan: SUPERIOR PRECAST PRODUCTS, INC
> **$161K** approved 04/08/2020 · Paid in Full · Loan `7704587004`
## Borrower
- **Name:** SUPERIOR PRECAST PRODUCTS, INC
- **Address:** 1950 RAVINE RD, KALAMAZOO, MI, 49004-3504
- **NAICS:** 327390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $129K
- **Rent:** $7K
- **Utilities:** $10K
- **Health care:** $15K
- **Jobs reported:** 16
## 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*