# PPP loan: GRAND RAPIDS POURED WALLS INC. AND CHERRY VALLEY FOUNDATION
> **$894K** approved 04/08/2020 · Paid in Full · Loan `8473167003`
## Borrower
- **Name:** GRAND RAPIDS POURED WALLS INC. AND CHERRY VALLEY FOUNDATION
- **Address:** 8559 PIEDMONT INDUSTRIAL PK DR, BYRON CENTER, MI, 49315-9356
- **NAICS:** 238110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $894K
- **Initial approval:** $894K
- **Forgiven:** $905K (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $769K
- **Rent:** $50K
- **Utilities:** $10K
- **Health care:** $40K
- **Debt interest:** $25K
- **Jobs reported:** 71
## Lender
- **Originating:** United Bank of Michigan
- **Servicing:** United Bank of Michigan (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*