# PPP loan: DEDINAS & FRANZAK ENTERPRISES INC
> **$852K** approved 04/14/2020 · Paid in Full · Loan `5912307105`
## Borrower
- **Name:** DEDINAS & FRANZAK ENTERPRISES INC
- **Address:** 2915 WALKENT DR, GRAND RAPIDS, MI, 49544-1400
- **NAICS:** 311919
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $852K
- **Initial approval:** $852K
- **Forgiven:** $860K (101%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $655K
- **Rent:** $80K
- **Utilities:** $56K
- **Debt interest:** $60K
- **Jobs reported:** 76
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*