# PPP loan: INTERNATIONAL MOLD CORPORATION
> **$1.30M** approved 04/08/2020 · Paid in Full · Loan `7707087002`
## Borrower
- **Name:** INTERNATIONAL MOLD CORPORATION
- **Address:** 23224 GIACOMA CT, CLINTON TOWNSHIP, MI, 48036-4608
- **NAICS:** 333511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.30M
- **Initial approval:** $1.30M
- **Forgiven:** $1.31M (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $891K
- **Rent:** $136K
- **Utilities:** $60K
- **Health care:** $156K
- **Debt interest:** $55K
- **Jobs reported:** 66
## 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*