# PPP loan: RAYMOND DESTEIGER, INC.
> **$952K** approved 04/15/2020 · Paid in Full · Loan `9911117103`
## Borrower
- **Name:** RAYMOND DESTEIGER, INC.
- **Address:** 12500 Hall Rd., Sterling Hts., MI, 48313
- **NAICS:** 423610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $952K
- **Initial approval:** $952K
- **Forgiven:** $960K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $952K
- **Jobs reported:** 80
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*