# PPP loan: SHORES INN, INC.
> **$239K** approved 04/27/2020 · Paid in Full · Loan `6226207202`
## Borrower
- **Name:** SHORES INN, INC.
- **Address:** 23410 Greater Mack, St. Clair Shores, MI, 48080-3424
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $239K
- **Initial approval:** $239K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $239K
- **Jobs reported:** 57
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*