PPP Loan information for Vaive wood products company

$197,947

Vaive wood products company was initially approved for PPP Loan of amount $197,947, the current approved amount is $197,947. The loan was approved on 04/27/2020 by The Superior National Bank reported 30 jobs and $197,947 was used to fund payroll.

Vaive wood products company is Unanswered

VAIVE WOOD PRODUCTS COMPANY

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

VAIVE WOOD PRODUCTS COMPANY

Borrower Address

24935 21 MILE RD

Borrower City

MACOMB

Borrower State

MI

Borrower Zip

48042-5114

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197947.00

Current Approval Amount

197947.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35292

Servicing Lender Name

Superior National Bank

Servicing Lender Address

235 Quincy St

Servicing Lender City

HANCOCK

Servicing Lender State

MI

Servicing Lender Zip

49930-1816

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

MACOMB

Project County Name

MACOMB

Project State

MI

Project Zip

48042-5114

CD

MI-09

Jobs Reported

30

NAICS Code

321211

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

197947.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

35292

Originating Lender

Superior National Bank

Originating Lender City

HANCOCK

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

199281.11

Forgiveness Date

01/07/2021

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