# PPP loan: PARK RITE WAYNE, LLC
> **$169K** approved 04/08/2020 · Paid in Full · Loan `8493377004`
## Borrower
- **Name:** PARK RITE WAYNE, LLC
- **Address:** 20750 Mack Avenue, GROSSE POINTE WOODS, MI, 48236-1436
- **NAICS:** 812930
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $27K
- **Rent:** $116K
- **Health care:** $26K
- **Jobs reported:** 35
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*