# PPP loan: GREAT LAKES MECHANICAL SYSTEMS, INC.
> **$1.23M** approved 04/27/2020 · Paid in Full · Loan `6020737202`
## Borrower
- **Name:** GREAT LAKES MECHANICAL SYSTEMS, INC.
- **Address:** 1266 INDUSTRY DR Suite A, TRAVERSE CITY, MI, 49696-9359
- **NAICS:** 236117
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.23M
- **Initial approval:** $1.23M
- **Forgiven:** $1.24M (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.23M
- **Jobs reported:** 105
## 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*