# PPP loan: MAEDER BORTHERS QUALITY WOOD PELLETS
> **$192K** approved 04/15/2020 · Paid in Full · Loan `9488557108`
## Borrower
- **Name:** MAEDER BORTHERS QUALITY WOOD PELLETS
- **Address:** 5180 W. WEIDMAN RD, WEIDMAN, MI, 48893-9718
- **NAICS:** 321999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $192K
- **Initial approval:** $192K
- **Forgiven:** $193K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $153K
- **Utilities:** $38K
- **Jobs reported:** 12
## Lender
- **Originating:** Isabella Bank
- **Servicing:** Isabella Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*