# PPP loan: FRANKENMUTH GIFT SHOPS INC.
> **$286K** approved 01/21/2021 · Paid in Full · Loan `2723098303`
## Borrower
- **Name:** FRANKENMUTH GIFT SHOPS INC.
- **Address:** 775 S Main St, Frankenmuth, MI, 48734-1624
- **NAICS:** 531120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $286K
- **Initial approval:** $286K
- **Forgiven:** $288K (101%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $286K
- **Jobs reported:** 58
## Lender
- **Originating:** Frankenmuth CU
- **Servicing:** Frankenmuth CU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*