# PPP loan: DEER POINT TIMBER PRODUCTS INC
> **$160K** approved 02/01/2021 · Paid in Full · Loan `1224648401`
## Borrower
- **Name:** DEER POINT TIMBER PRODUCTS INC
- **Address:** 8223 Resota Beach Rd, Panama City, FL, 32409-4168
- **NAICS:** 113310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 03/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $160K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** Trustmark National Bank
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*