# PPP loan: CENTRAL MICHIGAN PAPER COMPANY
> **$830K** approved 04/09/2020 · Paid in Full · Loan `9520547008`
## Borrower
- **Name:** CENTRAL MICHIGAN PAPER COMPANY
- **Address:** 6194 East Fulton Street 0.0, Ada, MI, 49301-8433
- **NAICS:** 424110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $830K
- **Initial approval:** $830K
- **Forgiven:** $835K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $648K
- **Rent:** $24K
- **Utilities:** $13K
- **Health care:** $124K
- **Debt interest:** $21K
- **Jobs reported:** 50
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*