# PPP loan: PRO POWDER, INC
> **$170K** approved 04/09/2020 · Paid in Full · Loan `9565967009`
## Borrower
- **Name:** PRO POWDER, INC
- **Address:** 201 LOVEJOY AVE, SOUTH HAVEN, MI, 49090-1650
- **NAICS:** 332812
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $171K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $141K
- **Rent:** $12K
- **Utilities:** $12K
- **Health care:** $2K
- **Debt interest:** $3K
- **Jobs reported:** 23
## Lender
- **Originating:** Sturgis Bank & Trust Company
- **Servicing:** Sturgis Bank & Trust Company (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*