# PPP loan: BECKETT & RAEDER INC.
> **$432K** approved 01/25/2021 · Paid in Full · Loan `5508918301`
## Borrower
- **Name:** BECKETT & RAEDER INC.
- **Address:** 535 W William St Ste 101, Ann Arbor, MI, 48103-4978
- **NAICS:** 541320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $432K
- **Initial approval:** $432K
- **Forgiven:** $436K (101%)
- **Forgiveness date:** 02/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $432K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** Chelsea State Bank
- **Servicing:** Chelsea State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*