# PPP loan: THE WEDDING SHOPPE, INC.
> **$212K** approved 04/06/2020 · Paid in Full · Loan `5954217002`
## Borrower
- **Name:** THE WEDDING SHOPPE, INC.
- **Address:** 2186 COOLIDGE HWY, BERKLEY, MI, 48072-1547
- **NAICS:** 448190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $212K
- **Initial approval:** $212K
- **Forgiven:** $213K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $188K
- **Rent:** $21K
- **Utilities:** $3K
- **Jobs reported:** 26
## Lender
- **Originating:** Mi Bank
- **Servicing:** Mi Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*