# PPP loan: TEAM RESTORATION INC
> **$168K** approved 04/09/2020 · Paid in Full · Loan `9273687006`
## Borrower
- **Name:** TEAM RESTORATION INC
- **Address:** 8195 Graphic Dr, BELMONT, MI, 49306-9448
- **NAICS:** 236118
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $168K
- **Initial approval:** $168K
- **Forgiven:** $170K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $151K
- **Rent:** $3K
- **Utilities:** $1K
- **Health care:** $13K
- **Jobs reported:** 17
## 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*