# PPP loan: SKB INDUSTRIES, INC.
> **$505K** approved 04/11/2020 · Paid in Full · Loan `2689467110`
## Borrower
- **Name:** SKB INDUSTRIES, INC.
- **Address:** 467 INLAND WAY, LILBURN, GA, 30047-5850
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $505K
- **Initial approval:** $505K
- **Forgiven:** $509K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $461K
- **Rent:** $13K
- **Mortgage interest:** $13K
- **Utilities:** $10K
- **Health care:** $8K
- **Jobs reported:** 47
## Lender
- **Originating:** Morris Bank
- **Servicing:** Morris Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*