# PPP loan: CANADIAN LAKES PROPERTY OWNERS CORPORATION
> **$337K** approved 04/15/2020 · Paid in Full · Loan `8423087103`
## Borrower
- **Name:** CANADIAN LAKES PROPERTY OWNERS CORPORATION
- **Address:** 10690 PIERCE RD, STANWOOD, MI, 49346-9098
- **NAICS:** 813990
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $337K
- **Initial approval:** $337K
- **Forgiven:** $339K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $269K
- **Utilities:** $11K
- **Health care:** $57K
- **Jobs reported:** 20
## 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*