# PPP loan: ICONIC-ANCHOR BAR LLC
> **$154K** approved 01/29/2021 · Exemption 4 · Loan `8170878308`
## Borrower
- **Name:** ICONIC-ANCHOR BAR LLC
- **Address:** 124 S Old Woodward Ave, Birmingham, MI, 48009-6119
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $80K (52%)
- **Forgiveness date:** 05/10/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $154K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** Oxford Bank
- **Servicing:** Oxford Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*