# PPP loan: AMERVIN INC
> **$346K** approved 04/07/2020 · Paid in Full · Loan `6779077004`
## Borrower
- **Name:** AMERVIN INC
- **Address:** 7599 REDWOOD BLVD STE 103, NOVATO, CA, 94945-2491
- **NAICS:** 424820
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $346K
- **Initial approval:** $346K
- **Forgiven:** $348K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $271K
- **Rent:** $36K
- **Utilities:** $4K
- **Health care:** $34K
- **Jobs reported:** 16
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*