# PPP loan: SPALDING DEDECKER ASSOCIATES, INC
> **$1.61M** approved 04/14/2020 · Paid in Full · Loan `5931577100`
## Borrower
- **Name:** SPALDING DEDECKER ASSOCIATES, INC
- **Address:** 905 SOUTH BLVD, ROCHESTER HILLS, MI, 48307-5358
- **NAICS:** 541330
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.61M
- **Initial approval:** $1.61M
- **Forgiven:** $1.62M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.61M
- **Jobs reported:** 90
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*