# PPP loan: RAYHAVEN GROUP INC
> **$1.20M** approved 04/15/2020 · Paid in Full · Loan `8074837104`
## Borrower
- **Name:** RAYHAVEN GROUP INC
- **Address:** 35901 SCHOOLCRAFT RD, LIVONIA, MI, 48150-1215
- **NAICS:** 423310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.20M
- **Initial approval:** $1.20M
- **Forgiven:** $1.21M (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.20M
- **Jobs reported:** 89
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*