# PPP loan: SBD INVESTMENTS, INC.
> **$161K** approved 04/07/2020 · Paid in Full · Loan `7558517006`
## Borrower
- **Name:** SBD INVESTMENTS, INC.
- **Address:** 6357 US HIGHWAY 31, CHARLEVOIX, MI, 49720-8915
- **NAICS:** 441222
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $132K
- **Rent:** $15K
- **Debt interest:** $14K
- **Jobs reported:** 17
## 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*