# PPP loan: NLR PROPERTY MANAGEMENT, LLC
> **$222K** approved 04/07/2020 · Paid in Full · Loan `7271057002`
## Borrower
- **Name:** NLR PROPERTY MANAGEMENT, LLC
- **Address:** 380 FRANKLIN ST #104, HARBOR SPRINGS, MI, 49740-8669
- **NAICS:** 448120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $222K
- **Initial approval:** $222K
- **Forgiven:** $225K (101%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $180K
- **Rent:** $25K
- **Utilities:** $17K
- **Jobs reported:** 36
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*