# PPP loan: SHADRACH'S COFFEE ROASTING COMPANY
> **$196K** approved 04/03/2020 · Paid in Full · Loan `4374297003`
## Borrower
- **Name:** SHADRACH'S COFFEE ROASTING COMPANY
- **Address:** 3326 E. Nettleton Avenue, JONESBORO, AR, 72401-5520
- **NAICS:** 445299
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Mortgage interest:** $16K
- **Utilities:** $30K
- **Jobs reported:** 61
## Lender
- **Originating:** Southern Bank
- **Servicing:** Southern Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*