# PPP loan: AVERY OIL & PROPANE INC
> **$544K** approved 01/22/2021 · Paid in Full · Loan `3459398304`
## Borrower
- **Name:** AVERY OIL & PROPANE INC
- **Address:** 3700 Rives Eaton Rd, Rives Junction, MI, 49277-9673
- **NAICS:** 454310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $544K
- **Initial approval:** $544K
- **Forgiven:** $547K (100%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $544K
- **Utilities:** $1
- **Jobs reported:** 38
## Lender
- **Originating:** Independent Bank
- **Servicing:** Independent Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*