# PPP loan: SPECIAL OLYMPICS MICHIGAN, INC.
> **$492K** approved 04/07/2020 · Paid in Full · Loan `7636207003`
## Borrower
- **Name:** SPECIAL OLYMPICS MICHIGAN, INC.
- **Address:** 1200 S. Franklin St., MOUNT PLEASANT, MI, 48859-0001
- **NAICS:** 624120
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $492K
- **Initial approval:** $492K
- **Forgiven:** $496K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $401K
- **Mortgage interest:** $23K
- **Health care:** $69K
- **Jobs reported:** 41
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*