# PPP loan: MANTHEI, INC
> **$1.16M** approved 04/07/2020 · Paid in Full · Loan `7249307009`
## Borrower
- **Name:** MANTHEI, INC
- **Address:** 3996 US 31 South, PETOSKEY, MI, 49770-9722
- **NAICS:** 321211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Forgiven:** $1.16M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $898K
- **Mortgage interest:** $45K
- **Utilities:** $87K
- **Health care:** $120K
- **Debt interest:** $8K
- **Jobs reported:** 78
## Lender
- **Originating:** Charlevoix State Bank
- **Servicing:** Charlevoix State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*