# PPP loan: VAIVE WOOD PRODUCTS COMPANY
> **$198K** approved 04/27/2020 · Paid in Full · Loan `5748307200`
## Borrower
- **Name:** VAIVE WOOD PRODUCTS COMPANY
- **Address:** 24935 21 MILE RD, MACOMB, MI, 48042-5114
- **NAICS:** 321211
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Jobs reported:** 30
## Lender
- **Originating:** Superior National Bank
- **Servicing:** Superior National Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*