# PPP loan: WEST MICHIGAN COMPOUNDING
> **$671K** approved 04/08/2020 · Paid in Full · Loan `7880877007`
## Borrower
- **Name:** WEST MICHIGAN COMPOUNDING
- **Address:** 1300 MOORE ST, GREENVILLE, MI, 48838-8768
- **NAICS:** 325991
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $671K
- **Initial approval:** $671K
- **Forgiven:** $677K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $294K
- **Rent:** $112K
- **Mortgage interest:** $28K
- **Utilities:** $178K
- **Health care:** $60K
- **Jobs reported:** 86
## 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*