# PPP loan: BLASIUS, INC.
> **$2.21M** approved 04/03/2020 · Paid in Full · Loan `4375977008`
## Borrower
- **Name:** BLASIUS, INC.
- **Address:** 8835 Van Cleve, VASSAR, MI, 48768-9016
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.21M
- **Initial approval:** $2.21M
- **Forgiven:** $2.22M (101%)
- **Forgiveness date:** 01/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.55M
- **Rent:** $228K
- **Mortgage interest:** $60K
- **Utilities:** $25K
- **Health care:** $348K
- **Jobs reported:** 190
## 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*