# PPP loan: GREAT LAKES BAY CONSTRUCTION, INC.
> **$401K** approved 04/09/2020 · Paid in Full · Loan `9030907006`
## Borrower
- **Name:** GREAT LAKES BAY CONSTRUCTION, INC.
- **Address:** 2525 N. EASTMAN RD, MIDLAND, MI, 48642-7871
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $401K
- **Initial approval:** $401K
- **Forgiven:** $403K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $365K
- **Rent:** $16K
- **Utilities:** $20K
- **Jobs reported:** 43
## Lender
- **Originating:** Independent Bank
- **Servicing:** Independent Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*