# PPP loan: WHITE MOUNTAIN LUMBER COMPANY, INC
> **$499K** approved 04/10/2020 · Paid in Full · Loan `1976467108`
## Borrower
- **Name:** WHITE MOUNTAIN LUMBER COMPANY, INC
- **Address:** 30 EAST MILAN RD, BERLIN, NH, 03570-3550
- **NAICS:** 321113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $499K
- **Initial approval:** $499K
- **Forgiven:** $502K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $399K
- **Mortgage interest:** $16K
- **Utilities:** $66K
- **Debt interest:** $17K
- **Jobs reported:** 50
## Lender
- **Originating:** Passumpsic Savings Bank
- **Servicing:** Passumpsic Savings Bank (VT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*