# PPP loan: SPRING DESIGN AND MANUFACTURING, INC.
> **$213K** approved 04/28/2020 · Paid in Full · Loan `1287787300`
## Borrower
- **Name:** SPRING DESIGN AND MANUFACTURING, INC.
- **Address:** 14105 Industrial Center Dr., Shelby Township, MI, 48315-3260
- **NAICS:** 332613
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $214K (101%)
- **Forgiveness date:** 01/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $170K
- **Mortgage interest:** $43K
- **Jobs reported:** 20
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*