# PPP loan: SPEEDLING INCORPORATED
> **$1.30M** approved 03/28/2021 · Exemption 4 · Loan `2061008701`
## Borrower
- **Name:** SPEEDLING INCORPORATED
- **Address:** 4447 Old US Highway 41, Ruskin, FL, 33570-4137
- **NAICS:** 111422
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.30M
- **Initial approval:** $1.30M
- **Forgiven:** $1.18M (90%)
- **Forgiveness date:** 06/02/2023
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.30M
- **Utilities:** $1
- **Jobs reported:** 118
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*