# PPP loan: VENTURE OUT RESORTS LLC
> **$344K** approved 04/10/2020 · Paid in Full · Loan `1292597100`
## Borrower
- **Name:** VENTURE OUT RESORTS LLC
- **Address:** 800 WASHINGTON AVE, BAY CITY, MI, 48708-5702
- **NAICS:** 721211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $344K
- **Initial approval:** $344K
- **Forgiven:** $347K (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $270K
- **Rent:** $26K
- **Mortgage interest:** $10K
- **Utilities:** $36K
- **Debt interest:** $2K
- **Jobs reported:** 47
## Lender
- **Originating:** Huron Community Bank
- **Servicing:** Huron Community Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*