# PPP loan: RCFC OF MICHIGAN, INC.
> **$259K** approved 04/08/2020 · Paid in Full · Loan `7742937003`
## Borrower
- **Name:** RCFC OF MICHIGAN, INC.
- **Address:** 3425 LAKE EASTBROOK BLVD SE, GRAND RAPIDS, MI, 49546-5935
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $259K
- **Initial approval:** $259K
- **Forgiven:** $261K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $259K
- **Jobs reported:** 20
## Lender
- **Originating:** Macatawa Bank
- **Servicing:** Macatawa Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*