# PPP loan: THE SAGE ROOM INC.
> **$181K** approved 02/20/2021 · Paid in Full · Loan `2338608501`
## Borrower
- **Name:** THE SAGE ROOM INC.
- **Address:** 75 Pope Ave, Hilton Head Island, SC, 29928-4709
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $181K
- **Initial approval:** $181K
- **Forgiven:** $183K (101%)
- **Forgiveness date:** 04/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $181K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** South Atlantic Bank
- **Servicing:** South Atlantic Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*