# PPP loan: NATIONAL OAK DISTRIBUTORS INC
> **$4.66M** approved 04/29/2020 · Paid in Full · Loan `3802217309`
## Borrower
- **Name:** NATIONAL OAK DISTRIBUTORS INC
- **Address:** 6529 SOUTHERN BLVD, WEST PALM BEACH, FL, 33413-1734
- **NAICS:** 424950
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.66M
- **Initial approval:** $4.66M
- **Forgiven:** $4.71M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.77M
- **Rent:** $797K
- **Utilities:** $87K
- **Jobs reported:** 355
## 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*