# PPP loan: CHANNEL LUMBER CO.
> **$1.27M** approved 04/10/2020 · Paid in Full · Loan `2401207104`
## Borrower
- **Name:** CHANNEL LUMBER CO.
- **Address:** 100 W Cutting Blvd, RICHMOND, CA, 94804-2014
- **NAICS:** 444190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.27M
- **Initial approval:** $1.27M
- **Forgiven:** $1.28M (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.27M
- **Jobs reported:** 66
## Lender
- **Originating:** Bank of Stockton
- **Servicing:** Bank of Stockton (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*