# PPP loan: VICTORY WOODWORKS, INC.
> **$2.85M** approved 04/06/2020 · Paid in Full · Loan `5782147008`
## Borrower
- **Name:** VICTORY WOODWORKS, INC.
- **Address:** 340 Kresge Lane, SPARKS, NV, 89431-6435
- **NAICS:** 238350
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.85M
- **Initial approval:** $2.85M
- **Forgiven:** $2.88M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.60M
- **Rent:** $16K
- **Mortgage interest:** $224K
- **Utilities:** $11K
- **Jobs reported:** 125
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*