# PPP loan: D9 SYSTEMS INC.
> **$299K** approved 03/25/2021 · Paid in Full · Loan `8700738604`
## Borrower
- **Name:** D9 SYSTEMS INC.
- **Address:** 5612 Division Ave S, Grand Rapids, MI, 49548-5725
- **NAICS:** 238310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $299K
- **Initial approval:** $299K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 01/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $299K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** First Community Bank
- **Servicing:** First Community Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*