# PPP loan: US SPEEDO IMPORTING, INC.
> **$302K** approved 04/14/2020 · Paid in Full · Loan `7961547102`
## Borrower
- **Name:** US SPEEDO IMPORTING, INC.
- **Address:** 1096 N CENTER RD, BURTON, MI, 48509
- **NAICS:** 423110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $302K
- **Initial approval:** $302K
- **Forgiven:** $306K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $302K
- **Jobs reported:** 47
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*