# PPP loan: GREAT LAKES CHOCOLATE COMPANY,
> **$295K** approved 04/07/2020 · Paid in Full · Loan `6737967002`
## Borrower
- **Name:** GREAT LAKES CHOCOLATE COMPANY,
- **Address:** 100 w CHICAGO RD, STURGIS, MI, 49091-1708
- **NAICS:** 311920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $295K
- **Initial approval:** $295K
- **Forgiven:** $297K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Rent:** $20K
- **Mortgage interest:** $10K
- **Utilities:** $10K
- **Debt interest:** $5K
- **Jobs reported:** 48
## Lender
- **Originating:** Sturgis Bank & Trust Company
- **Servicing:** Sturgis Bank & Trust Company (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*