# PPP loan: THE GRAND TRAVERSE BAY YOUNG MEN'S CHRISTIAN ASSOCIATION
> **$640K** approved 01/21/2021 · Paid in Full · Loan `2589128308`
## Borrower
- **Name:** THE GRAND TRAVERSE BAY YOUNG MEN'S CHRISTIAN ASSOCIATION
- **Address:** 3700 Silver Lake Rd, Traverse City, MI, 49684-8997
- **NAICS:** 713940
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $640K
- **Initial approval:** $640K
- **Forgiven:** $645K (101%)
- **Forgiveness date:** 12/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $640K
- **Utilities:** $1
- **Jobs reported:** 177
## 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*