# PPP loan: BUD DISTRIBUTING, INC.
> **$575K** approved 04/13/2020 · Paid in Full · Loan `5102337101`
## Borrower
- **Name:** BUD DISTRIBUTING, INC.
- **Address:** 52322 M-51 NORTH, DOWAGIAC, MI, 49047
- **NAICS:** 424810
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $575K
- **Initial approval:** $575K
- **Forgiven:** $579K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $575K
- **Jobs reported:** 40
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*