# PPP loan: LEARNING DESIGNS INC
> **$230K** approved 04/15/2020 · Paid in Full · Loan `2180077206`
## Borrower
- **Name:** LEARNING DESIGNS INC
- **Address:** 6001 N Adams Suite 100, BLOOMFIELD HILLS, MI, 48304
- **NAICS:** 611430
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $231K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $230K
- **Jobs reported:** 22
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*