# PPP loan: MERMAID BUSINESS LLC - MAD6946
> **$225K** approved 02/13/2021 · Paid in Full · Loan `8649418410`
## Borrower
- **Name:** MERMAID BUSINESS LLC - MAD6946
- **Address:** 340 Water St, Saugatuck, MI, 49453-8431
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $227K (101%)
- **Forgiveness date:** 02/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $225K
- **Jobs reported:** 84
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*