# PPP loan: REDER LANDSCAPING, INC.
> **$581K** approved 04/16/2020 · Paid in Full · Loan `2816227210`
## Borrower
- **Name:** REDER LANDSCAPING, INC.
- **Address:** 3805 Rockwell, MIDLAND, MI, 48642-9201
- **NAICS:** 561730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $581K
- **Initial approval:** $581K
- **Forgiven:** $587K (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $550K
- **Rent:** $5K
- **Utilities:** $10K
- **Health care:** $12K
- **Debt interest:** $4K
- **Jobs reported:** 75
## Lender
- **Originating:** 1st State Bank
- **Servicing:** 1st State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*