# PPP loan: DAYCROFT
> **$254K** approved 01/23/2021 · Paid in Full · Loan `4588508301`
## Borrower
- **Name:** DAYCROFT
- **Address:** 1095 N Zeeb Rd, Ann Arbor, MI, 48103-1472
- **NAICS:** 611110
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $254K
- **Initial approval:** $254K
- **Forgiven:** $256K (101%)
- **Forgiveness date:** 11/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $254K
- **Jobs reported:** 28
## 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*