# PPP loan: PAPER CONSTRUCTION & MAINTENANCE INC
> **$250K** approved 02/05/2021 · Paid in Full · Loan `3937198407`
## Borrower
- **Name:** PAPER CONSTRUCTION & MAINTENANCE INC
- **Address:** 9595 Highway 72, Cherokee, AL, 35616-4501
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 12/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $250K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*