# PPP loan: RAYHAVEN GROUP INC
> **$1.22M** approved 01/25/2021 · Paid in Full · Loan `5180348302`
## Borrower
- **Name:** RAYHAVEN GROUP INC
- **Address:** 35901 Schoolcraft Rd, Livonia, MI, 48150-1215
- **NAICS:** 444190
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.22M
- **Forgiven:** $1.23M (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.22M
- **Utilities:** $1
- **Jobs reported:** 90
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*