# PPP loan: BECK'S PROPANE AND MARINE, INC
> **$372K** approved 04/08/2020 · Paid in Full · Loan `7718617001`
## Borrower
- **Name:** BECK'S PROPANE AND MARINE, INC
- **Address:** 7607 US HIGHWAY 27, SAINT JOHNS, MI, 48879-9424
- **NAICS:** 713930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $372K
- **Initial approval:** $372K
- **Forgiven:** $374K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $336K
- **Rent:** $25K
- **Utilities:** $6K
- **Health care:** $4K
- **Jobs reported:** 29
## 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*