# PPP loan: CHEAP CHARLIES INC
> **$316K** approved 02/18/2021 · Paid in Full · Loan `1060188506`
## Borrower
- **Name:** CHEAP CHARLIES INC
- **Address:** 4495 24th Ave, Fort Gratiot, MI, 48059-3810
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $316K
- **Initial approval:** $316K
- **Forgiven:** $319K (101%)
- **Forgiveness date:** 02/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $316K
- **Utilities:** $1
- **Jobs reported:** 47
## 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*