# PPP loan: LEARNING DESIGNS INC.
> **$221K** approved 01/20/2021 · Paid in Full · Loan `2419368307`
## Borrower
- **Name:** LEARNING DESIGNS INC.
- **Address:** 6001 N Adams Rd Ste 100, Bloomfield Hills, MI, 48304-1575
- **NAICS:** 611691
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $221K
- **Initial approval:** $221K
- **Forgiven:** $223K (101%)
- **Forgiveness date:** 09/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $221K
- **Utilities:** $1
- **Jobs reported:** 15
## 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*