# PPP loan: CONSOLIDATED SHOE COMPANY
> **$698K** approved 04/16/2021 · Paid in Full · Loan `4478248806`
## Borrower
- **Name:** CONSOLIDATED SHOE COMPANY
- **Address:** 22290 Timberlake Rd, Lynchburg, VA, 24502-7305
- **NAICS:** 424340
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $698K
- **Initial approval:** $698K
- **Forgiven:** $704K (101%)
- **Forgiveness date:** 03/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $698K
- **Utilities:** $1
- **Jobs reported:** 41
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*