# PPP loan: BAUDVILLE INC.
> **$1.20M** approved 01/29/2021 · Paid in Full · Loan `7976138303`
## Borrower
- **Name:** BAUDVILLE INC.
- **Address:** 5380 52nd St SE, Grand Rapids, MI, 49512-9702
- **NAICS:** 454110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.20M
- **Initial approval:** $1.20M
- **Forgiven:** $1.21M (100%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.20M
- **Utilities:** $1
- **Jobs reported:** 94
## 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*