# PPP loan: GULL LAKE MARINE CENTER, INC.
> **$655K** approved 04/11/2020 · Paid in Full · Loan `2899187107`
## Borrower
- **Name:** GULL LAKE MARINE CENTER, INC.
- **Address:** 12485 East D Avenue, RICHLAND, MI, 49083-9427
- **NAICS:** 713930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $655K
- **Initial approval:** $655K
- **Forgiven:** $663K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $655K
- **Jobs reported:** 52
## Lender
- **Originating:** Southern Michigan Bank & Trust
- **Servicing:** Southern Michigan Bank & Trust (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*