# PPP loan: J & B LOG AND LUMBER, LLC
> **$163K** approved 04/13/2020 · Exemption 4 · Loan `4465407103`
## Borrower
- **Name:** J & B LOG AND LUMBER, LLC
- **Address:** 408 W. JEFFERSON AVE, CHANDLER, IN, 47610-9800
- **NAICS:** 113310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $52K (32%)
- **Forgiveness date:** 11/29/2021
- **Status:** Exemption 4
- **Term:** 24 months
## Use of funds
- **Payroll:** $163K
- **Jobs reported:** 14
## Lender
- **Originating:** Boonville Federal Savings Bank
- **Servicing:** Boonville Federal Savings Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*