# PPP loan: COMMUNITY REBUILDERS
> **$501K** approved 04/08/2020 · Paid in Full · Loan `8429097009`
## Borrower
- **Name:** COMMUNITY REBUILDERS
- **Address:** 1120 Monroe NW, GRAND RAPIDS, MI, 49503-1075
- **NAICS:** 624229
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $501K
- **Initial approval:** $501K
- **Forgiven:** $504K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $396K
- **Health care:** $104K
- **Jobs reported:** 44
## 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*