# PPP loan: LOEKS THEATRES, INC.
> **$561K** approved 04/28/2020 · Paid in Full · Loan `9003157207`
## Borrower
- **Name:** LOEKS THEATRES, INC.
- **Address:** 2121 CELEBRATION DR, GRAND RAPIDS, MI, 49525-9302
- **NAICS:** 722110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $561K
- **Initial approval:** $561K
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $421K
- **Rent:** $140K
- **Jobs reported:** 421
## 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*