# PPP loan: THIS IS IT, INC.
> **$159K** approved 04/07/2020 · Paid in Full · Loan `7218867010`
## Borrower
- **Name:** THIS IS IT, INC.
- **Address:** 1363 US HWY 2, CRYSTAL FALLS, MI, 49920-1005
- **NAICS:** 445110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $143K
- **Rent:** $9K
- **Mortgage interest:** $7K
- **Jobs reported:** 40
## Lender
- **Originating:** First National Bank & Trust Co
- **Servicing:** First National Bank & Trust Co (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*