# PPP loan: B&B CHIP AND TIMBER CO. INC
> **$218K** approved 06/25/2020 · Paid in Full · Loan `4126418010`
## Borrower
- **Name:** B&B CHIP AND TIMBER CO. INC
- **Address:** 221 SCR 35-9, FOREST, MS, 39074-5753
- **NAICS:** 113310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $221K (101%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $192K
- **Utilities:** $26K
- **Jobs reported:** 20
## Lender
- **Originating:** Community Bank of Mississippi
- **Servicing:** Community Bank of Mississippi (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*