# PPP loan: EDB ENTERPRISES INC.
> **$174K** approved 01/23/2021 · Paid in Full · Loan `4302508307`
## Borrower
- **Name:** EDB ENTERPRISES INC.
- **Address:** 216 Beakes St, Ann Arbor, MI, 48104-1012
- **NAICS:** 518210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $174K
- **Jobs reported:** 17
## 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*