# PPP loan: TIMBER AUTOMATION, LLC
> **$3.35M** approved 04/16/2020 · Paid in Full · Loan `2658407209`
## Borrower
- **Name:** TIMBER AUTOMATION, LLC
- **Address:** 400 Aviation Plaza, Hot Springs, AR, 71913-5502
- **NAICS:** 238290
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.35M
- **Initial approval:** $3.35M
- **Forgiven:** $3.39M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.35M
- **Jobs reported:** 272
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*