# PPP loan: RICH'S WOOD STOVES & SPAS
> **$787K** approved 04/15/2020 · Paid in Full · Loan `1865707203`
## Borrower
- **Name:** RICH'S WOOD STOVES & SPAS
- **Address:** 16504 HIGHWAY 99, LYNNWOOD, WA, 98037-9501
- **NAICS:** 442299
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $787K
- **Initial approval:** $787K
- **Forgiven:** $793K (101%)
- **Forgiveness date:** 02/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $669K
- **Rent:** $118K
- **Jobs reported:** 57
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*