# PPP loan: GREAT LAKES CENTRAL RAILROAD
> **$593K** approved 04/15/2020 · Paid in Full · Loan `1659927209`
## Borrower
- **Name:** GREAT LAKES CENTRAL RAILROAD
- **Address:** 600 OAKWOOD AVE, OWOSSO, MI, 48867-3750
- **NAICS:** 482112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $593K
- **Initial approval:** $593K
- **Forgiven:** $597K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $593K
- **Jobs reported:** 50
## Lender
- **Originating:** Independent Bank
- **Servicing:** Independent Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*