# PPP loan: FENCE OUTLET MDC, LLC
> **$557K** approved 04/11/2020 · Paid in Full · Loan `3231427101`
## Borrower
- **Name:** FENCE OUTLET MDC, LLC
- **Address:** 4025 W STATE ROAD 60, LAKE WALES, FL, 33859-8297
- **NAICS:** 325991
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $557K
- **Initial approval:** $557K
- **Forgiven:** $563K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $416K
- **Rent:** $55K
- **Utilities:** $66K
- **Debt interest:** $20K
- **Jobs reported:** 83
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*