# PPP loan: MCGEE DOWNTOWN LLC
> **$229K** approved 04/11/2020 · Paid in Full · Loan `2725007110`
## Borrower
- **Name:** MCGEE DOWNTOWN LLC
- **Address:** 250 E. FRONT ST, Suite 110, TRAVERSE CITY, MI, 49684-2552
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $229K
- **Initial approval:** $229K
- **Forgiven:** $231K (101%)
- **Forgiveness date:** 04/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $229K
- **Jobs reported:** 25
## 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*