# PPP loan: BLACKMER MOTORSPORTS LLC
> **$165K** approved 04/27/2020 · Paid in Full · Loan `5209077204`
## Borrower
- **Name:** BLACKMER MOTORSPORTS LLC
- **Address:** 4430 E HOUGHTON LAKE RD, LAKE CITY, MI, 49651-9545
- **NAICS:** 711212
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $166K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $158K
- **Rent:** $6K
- **Utilities:** $1K
- **Jobs reported:** 139
## Lender
- **Originating:** Mi Bank
- **Servicing:** Mi Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*