# PPP loan: PLEUNE SERVICE COMPANY & PLEUN
> **$2.13M** approved 04/08/2020 · Paid in Full · Loan `8483437005`
## Borrower
- **Name:** PLEUNE SERVICE COMPANY & PLEUN
- **Address:** 750 HIMES ST, GRAND RAPIDS, MI, 49548-3424
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.13M
- **Initial approval:** $2.13M
- **Forgiven:** $2.15M (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.93M
- **Mortgage interest:** $7K
- **Utilities:** $11K
- **Health care:** $175K
- **Jobs reported:** 108
## 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*