# PPP loan: SANDSTORM IT INC.
> **$261K** approved 01/20/2021 · Paid in Full · Loan `2022968301`
## Borrower
- **Name:** SANDSTORM IT INC.
- **Address:** 61 Atoka McLaughlin Dr, Atoka, TN, 38004-4919
- **NAICS:** 811212
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $264K (101%)
- **Forgiveness date:** 02/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $261K
- **Jobs reported:** 17
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*