# PPP loan: NOLAND LUMBER COMPANY INC.
> **$160K** approved 01/23/2021 · Paid in Full · Loan `4507028309`
## Borrower
- **Name:** NOLAND LUMBER COMPANY INC.
- **Address:** 665 1st Ave E, Gordo, AL, 35466-2438
- **NAICS:** 321113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 05/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $160K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** The Bank of Vernon
- **Servicing:** The Bank of Vernon (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*