# PPP loan: CALHOUN TIMBER, INC.
> **$515K** approved 04/11/2020 · Paid in Full · Loan `2965057102`
## Borrower
- **Name:** CALHOUN TIMBER, INC.
- **Address:** 7740 Boydton Plank Road, ALBERTA, VA, 23821-2818
- **NAICS:** 113310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $515K
- **Initial approval:** $515K
- **Forgiven:** $518K (101%)
- **Forgiveness date:** 12/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $515K
- **Jobs reported:** 38
## Lender
- **Originating:** Touchstone Bank
- **Servicing:** Touchstone Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*