# PPP loan: R D KLEINSCHMIDT, INC.
> **$304K** approved 04/14/2020 · Paid in Full · Loan `6644697103`
## Borrower
- **Name:** R D KLEINSCHMIDT, INC.
- **Address:** 19860 SHARON VALLEY RD, MANCHESTER, MI, 48158-9528
- **NAICS:** 236118
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $304K
- **Initial approval:** $304K
- **Forgiven:** $306K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $301K
- **Utilities:** $3K
- **Jobs reported:** 33
## 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*