# PPP loan: MICHIGAN RECREATION CONSTRUCTION, INC.
> **$414K** approved 04/11/2020 · Paid in Full · Loan `3396927107`
## Borrower
- **Name:** MICHIGAN RECREATION CONSTRUCTION, INC.
- **Address:** 1091 Victory Dr., HOWELL, MI, 48843-7551
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $414K
- **Initial approval:** $414K
- **Forgiven:** $417K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Rent:** $6K
- **Utilities:** $2K
- **Debt interest:** $6K
- **Jobs reported:** 27
## Lender
- **Originating:** Bank of Ann Arbor
- **Servicing:** Bank of Ann Arbor (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*