# PPP loan: BUDDY'S ON THE BEACH LLC
> **$172K** approved 06/19/2020 · Paid in Full · Loan `9203397900`
## Borrower
- **Name:** BUDDY'S ON THE BEACH LLC
- **Address:** 1223 LAKEVIEW DR, LAKE ODESSA, MI, 48849-1261
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $173K (100%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $160K
- **Mortgage interest:** $3K
- **Utilities:** $9K
- **Jobs reported:** 23
## 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*