# PPP loan: CLEVELAND PLYWOOD COMPANY, INC
> **$559K** approved 04/05/2020 · Paid in Full · Loan `5231647009`
## Borrower
- **Name:** CLEVELAND PLYWOOD COMPANY, INC
- **Address:** 2700 20th St NE, CLEVELAND, TN, 37323-5808
- **NAICS:** 423390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $559K
- **Initial approval:** $559K
- **Forgiven:** $562K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $533K
- **Health care:** $26K
- **Jobs reported:** 51
## Lender
- **Originating:** Bank of Cleveland
- **Servicing:** Bank of Cleveland (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*