# PPP loan: MIKE'S CUSTOM TILE COMPANY
> **$160K** approved 04/08/2020 · Paid in Full · Loan `7736707008`
## Borrower
- **Name:** MIKE'S CUSTOM TILE COMPANY
- **Address:** 206 B East Grove Street, KAWKAWLIN, MI, 48631-2505
- **NAICS:** 238340
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $137K (86%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $120K
- **Rent:** $20K
- **Utilities:** $20K
- **Jobs reported:** 13
## 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*