# PPP loan: STRAITS WOOD TREATING, INC.
> **$254K** approved 04/12/2020 · Paid in Full · Loan `3802027104`
## Borrower
- **Name:** STRAITS WOOD TREATING, INC.
- **Address:** 616 Oak St., TAWAS CITY, MI, 48763-9338
- **NAICS:** 321114
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $254K
- **Initial approval:** $267K
- **Forgiven:** $257K (101%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $254K
- **Jobs reported:** 28
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*