# PPP loan: RAVES CONSTRUCTION & DEMOLITION, INC
> **$230K** approved 04/28/2020 · Paid in Full · Loan `7749827204`
## Borrower
- **Name:** RAVES CONSTRUCTION & DEMOLITION, INC
- **Address:** 1704 E Highland Rd, Highland, MI, 48356
- **NAICS:** 236115
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $232K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $230K
- **Jobs reported:** 23
## Lender
- **Originating:** Flagstar 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*