# PPP loan: PERCOR MANUFACTURING INC.
> **$252K** approved 04/09/2020 · Paid in Full · Loan `9373177003`
## Borrower
- **Name:** PERCOR MANUFACTURING INC.
- **Address:** 4203 Roger B Chaffee Memorial Blvd, GRAND RAPIDS, MI, 49548
- **NAICS:** 332999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $252K
- **Initial approval:** $252K
- **Forgiven:** $254K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $202K
- **Rent:** $17K
- **Utilities:** $17K
- **Debt interest:** $17K
- **Jobs reported:** 27
## Lender
- **Originating:** Horizon Bank
- **Servicing:** Horizon Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*