# PPP loan: GRAND VILLA, INC.
> **$229K** approved 04/08/2020 · Paid in Full · Loan `8183707001`
## Borrower
- **Name:** GRAND VILLA, INC.
- **Address:** 3594 CHICAGO DR SW, GRANDVILLE, MI, 49418-2928
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $229K
- **Initial approval:** $229K
- **Forgiven:** $231K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $183K
- **Mortgage interest:** $10K
- **Utilities:** $16K
- **Health care:** $8K
- **Debt interest:** $11K
- **Jobs reported:** 57
## 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*