# PPP loan: WELCH TILE & MARBLE CO
> **$694K** approved 03/25/2021 · Paid in Full · Loan `9171538601`
## Borrower
- **Name:** WELCH TILE & MARBLE CO
- **Address:** 13864 Eagle Ridge Dr, Kent City, MI, 49330-8101
- **NAICS:** 238340
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $694K
- **Initial approval:** $694K
- **Forgiven:** $697K (100%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $694K
- **Jobs reported:** 59
## Lender
- **Originating:** ChoiceOne Bank
- **Servicing:** ChoiceOne Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*