# PPP loan: MARTIN SPRING & DRIVE INC.
> **$168K** approved 02/02/2021 · Paid in Full · Loan `1904038410`
## Borrower
- **Name:** MARTIN SPRING & DRIVE INC.
- **Address:** 2622 Douglas Ave, Kalamazoo, MI, 49007-1542
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $168K
- **Initial approval:** $168K
- **Forgiven:** $169K (101%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $168K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Consumers Credit Union
- **Servicing:** Consumers Credit Union (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*