# PPP loan: J & D LOGGING INC.
> **$239K** approved 05/06/2020 · Charged Off · Loan `2902937403`
## Borrower
- **Name:** J & D LOGGING INC.
- **Address:** 1644 VEACHS MILL RD, WARSAW, NC, 28398-8585
- **NAICS:** 113110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $239K
- **Initial approval:** $239K
- **Forgiven:** $35K (15%)
- **Forgiveness date:** 05/11/2022
- **Status:** Charged Off
- **Term:** 32 months
## Use of funds
- **Payroll:** $239K
- **Jobs reported:** 18
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*