# PPP loan: LINWOOD BEACH MARINA & CAMPGROUNDS INC.
> **$162K** approved 04/07/2020 · Paid in Full · Loan `7407217002`
## Borrower
- **Name:** LINWOOD BEACH MARINA & CAMPGROUNDS INC.
- **Address:** 135 S. LINWOOD BEACH RD, LINWOOD, MI, 48634-9471
- **NAICS:** 441222
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $121K
- **Rent:** $20K
- **Mortgage interest:** $5K
- **Utilities:** $12K
- **Health care:** $3K
- **Debt interest:** $200
- **Jobs reported:** 32
## Lender
- **Originating:** Thumb Bank & Trust
- **Servicing:** Thumb Bank & Trust (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*