# PPP loan: SHERWOOD LUMBER CORPORATION
> **$1.43M** approved 04/13/2020 · Paid in Full · Loan `4304067107`
## Borrower
- **Name:** SHERWOOD LUMBER CORPORATION
- **Address:** 225 BROADHOLLOW RD STE 310W, MELVILLE, NY, 11747-2340
- **NAICS:** 111110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.43M
- **Initial approval:** $1.43M
- **Forgiven:** $1.45M (101%)
- **Forgiveness date:** 08/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.14M
- **Rent:** $285K
- **Jobs reported:** 82
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*