# PPP loan: MICHIGAN RESTAURANT & LODGING ASSOCIATION
> **$277K** approved 02/02/2021 · Paid in Full · Loan `1637758408`
## Borrower
- **Name:** MICHIGAN RESTAURANT & LODGING ASSOCIATION
- **Address:** 225 W Washtenaw St, Lansing, MI, 48933-1506
- **NAICS:** 813910
- **Business type:** 501(c)6 ¿ Non Profit Membership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $277K
- **Initial approval:** $277K
- **Forgiven:** $279K (101%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $277K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Capitol National Bank
- **Servicing:** Capitol National Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*