# PPP loan: BLUE PELICAN INN, INC.
> **$285K** approved 04/07/2020 · Paid in Full · Loan `7105577010`
## Borrower
- **Name:** BLUE PELICAN INN, INC.
- **Address:** 2535 N MAIN ST, CENTRAL LAKE, MI, 49622-9270
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $287K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $285K
- **Jobs reported:** 108
## Lender
- **Originating:** Alden State Bank
- **Servicing:** Alden State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*