# PPP loan: THAYER MARINE, INC.
> **$166K** approved 04/07/2020 · Paid in Full · Loan `7124037007`
## Borrower
- **Name:** THAYER MARINE, INC.
- **Address:** 5350 S US 127, JACKSON, MI, 49201-9858
- **NAICS:** 441222
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $166K
- **Initial approval:** $166K
- **Forgiven:** $168K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $124K
- **Mortgage interest:** $17K
- **Utilities:** $8K
- **Health care:** $17K
- **Jobs reported:** 11
## Lender
- **Originating:** County National Bank
- **Servicing:** County National Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*